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China’s Tech Hardware Selloff Extends as Valuation Concerns Rise

Bloomberg Technology Friday 09 October 2026, 04:48 UTC By Bloomberg News 1 min read
Key Points

China’s Tech Hardware Selloff Extends as Valuation Concerns Rise China’s tech hardware shares are rapidly losing value after bumper gains earlier in the year, as growing doubts over the global AI trade make those high-valuation names particularly vulnerable. The tech-heavy Star 50 Index fell as much as 4.6% on Friday, taking its two-day drop to more than 9%, the most since late-July. The ChiNext gauge dropped as much as 3.4%.

China’s Tech Hardware Selloff Extends as Valuation Concerns Rise China’s tech hardware shares are rapidly losing value after bumper gains earlier in the year, as growing doubts over the global AI trade make those high-valuation names particularly vulnerable. The tech-heavy Star 50 Index fell as much as 4.6% on Friday, taking its two-day drop to more than 9%, the most since late-July. The ChiNext gauge dropped as much as 3.4%. Both indexes reached all-time highs in June.
China (LOCATION) Tech Hardware Selloff Extends as Valuation Concerns Rise China’s (ORG) Tech Hardware Selloff Extends as Valuation Concerns Rise China (ORG) ChiNext (ORG)
Originally published by Bloomberg Technology Read original →

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