Global Market: Chinese stocks slip as AI, chip shares extend correction; defensive sectors offer support - The Economic Times
• Chinese stocks declined on Thursday as AI and semiconductor shares continued a correction driven by profit booking in high-priced technology stocks. • Losses were partially offset by strength in defensive sectors, specifically banking, gold, and rare earths. • In contrast, Hong Kong markets outperformed the mainland, seeing gains in Tencent and other broad technology shares.
economictimes.indiatimes.com
