Asian stocks dip, Hang Seng tumbles as China outlook fails to impress By Investing.com

From Investing.com:

Most Asian stocks fell as investors took profits in the tech sector, with China’s economic outlook dragging down sentiment. Chinese stocks stayed flat, while Hong Kong’s Hang Seng index plummeted 2.5% as 2024 targets failed to impress. Concerns over China’s growth hit broader Asian markets, with Australia’s ASX 200 trading lower despite strong data. Japan and South Korea saw losses in tech stocks following Wall Street’s lead, as Apple faced a $2 billion antitrust fine in Europe. Investors await more cues on interest rates from the Federal Reserve.



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