Chinese investors sell off Tencent, Xiaomi as tech rally loses steam

5 days ago 1
Financial chart. Income graph.

Andrey Semenov/iStock via Getty Images

Chinese investors pulled back from major tech stocks in Hong Kong last month, putting pressure on a rally that has outperformed the broader market this year.

Mainland investors offloaded a combined HK$46.4 billion ($5.9 billion) worth of Tencent Holdings, Xiaomi, and Alibaba Group shares

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