# Hong Kong, mainland China tech stocks lead declines after US tech rout

https://mins.news/en/item/131658

- South China Morning Post, 2026-11-06 01:59 UTC
- Economy
- Original: https://www.scmp.com/business/china-business/article/3373474/tech-stocks-lead-declines-hong-kong-mainland-china-us23-trillion-carnage-us

> Hong Kong and mainland Chinese stocks fell on Friday, following a US tech sell-off that erased more than US$2 trillion in market value amid concerns that a Democrat-controlled Congress could disrupt AI infrastructure projects. The Hang Seng fell 1.5%, the Hang Seng Tech Index lost 2.1%, the CSI 300 dropped 1.8%, and the AI-chip-heavy Star 50 sank 3.5%.

## Related coverage

- [Global stocks reel after $2.5 trillion wiped off US markets](https://mins.news/en/video/132532) — CNN, 2026-11-06
- [Asian stocks slump after US tech rout amid AI jitters](https://mins.news/en/item/131687) — DW, 2026-11-06
- [Nasdaq sell-off batters Asian chip stocks as SK Hynix, Samsung and SoftBank tumble](https://mins.news/en/item/131632) — CNBC, 2026-11-06
