
Hong Kong Stocks Under Pressure After Wall Street Tumble

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Hong Kong stocks fell 2.5% to 25,191, hitting a one-month low due to a broad selloff after Wall Street's decline. The Hang Seng is set for a 5% weekly drop, reversing previous gains. Despite Nvidia's strong earnings, traders are avoiding risk assets. Tensions between China and Japan over Taiwan and Beijing's seafood import suspension add pressure. Tech stocks fell over 3%, with JD Health, Tencent Music, SMIC, and China Hongqiao among major losers.
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