Asian stocks slide as AI slowdown fears pressure Hong Kong, Taiwan and China

Sep 14, 2026 01:23 (39d ago)

Hong Kong, Taiwan and mainland Chinese stocks opened or traded lower as concerns about slower advanced-AI development pressured technology shares.
The Hang Seng fell 0.42%, its technology index dropped 0.69%, the Taiex slid nearly 690 points to 45,499.06, and the Shanghai and Shenzhen indexes declined 0.4% and 0.8%.
Foreign investors sold Taiwan equities and increased futures shorts, while Xi Jinping proposed a BRICS open-source AI community amid intensifying AI governance competition.

Asian equities weakened on the 14th and Monday as concerns about a slower pace of advanced-AI development pressured technology shares. Hong Kong’s Hang Seng Index fell 0.42% at the open and its technology index dropped 0.69%, while Taiwan’s Taiex fell nearly 690 points to 45,499.06 and mainland China’s Shanghai Composite and Shenzhen Component declined 0.4% and 0.8%, respectively. The moves followed a joint appeal by Anthropic CEO Dario Amodei, OpenAI CEO Sam Altman and xAI CEO Elon Musk to slow development of the most advanced AI models, alongside stronger-than-expected U.S. August core CPI. China President Xi Jinping separately proposed a BRICS open-source AI community as investors awaited economic data and interest-rate decisions from the Federal Reserve, Bank of Japan and Taiwan’s central bank.