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Chinese Tech Stocks Fall Amid Renewed Pessimism About U.S.-China Trade Deal - WSJ

1. Chinese tech shares dropped, signaling pessimism in U.S.-China trade deals. 2. Alibaba fell 4.2%, impacting the Hong Kong tech sector significantly. 3. U.S. Treasury Secretary reports stalled talks hinder progress toward a deal. 4. Analysts predict minimal near-term agreement due to persistent trade tensions. 5. Market fatigue observed as investors show less sensitivity to tariff headlines.

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FAQ

Why Bearish?

The ongoing trade tensions and pessimism are causing tech shares in HK to decline, as seen historically during similar trade disputes which led to prolonged stock market downturns.

How important is it?

The high correlation between U.S.-China trade policies and Hong Kong markets makes this article highly relevant and significant for HK's future price movements.

Why Short Term?

Investors typically respond quickly to geopolitical events. Given the recent activity, immediate market reactions are anticipated.

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