Global Market: China stocks slide as global AI selloff hits chipmakers; Alibaba rallies on new AI model

Source: The Times of India· Anupam Nagar· August 3, 2026
Global Market: China stocks slide as global AI selloff hits chipmakers; Alibaba rallies on new AI model

Chinese equities declined on Monday as a global selloff in AI-linked stocks weighed on semiconductor shares, while Hong Kong's technology sector outperformed after Alibaba unveiled its latest AI model. Investors also remained cautious after fresh data showed …

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