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China, Hong Kong stocks slide amid precious metals selloff
Chinese and Hong Kong markets fell as precious metals selloff fueled risk aversion and broader market weakness.
Stocks in China and Hong Kong declined sharply as a selloff in precious metals triggered broader market turmoil. Investor sentiment weakened amid concerns over global growth, commodity volatility, and tightening financial conditions. Mining and resource linked shares led losses, while tech and financial stocks also slipped. Analysts said risk aversion increased as falling gold and silver prices signalled reduced safe haven demand globally