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Hang Seng Tech Index Drops 4% in Asian Market Selloff

The Hong Kong technology benchmark declined sharply as broader Asian equities faced significant selling pressure.

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Terms & Concepts
  • Hang Seng Tech Index: A stock market index that tracks the performance of the 30 largest technology companies listed in Hong Kong.
  • Market Selloff: A rapid selling of securities, often leading to a sharp decline in market prices due to widespread investor retreat.