Chinese Tech Shares Cap Worst Month Since 2024 on Earnings Fears

Chinese technology stocks in Hong Kong are poised for their worst month in over two years, weighed by concerns over weak earnings and a lack of buying by mainland investors.

The Hang Seng Tech Index dropped 10% in February, the biggest monthly decline since January 2024. The gauge is now deep in a bear market, having tumbled 23% from an October high.