Monday, 03 August 2026 · World
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EUROS The World Financial Report
Nº 23 Monday, 03 August 2026 · World Edition
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Global Market: China stocks slide as global AI selloff hits chipmakers; Alibaba rallies on new AI model

Markets-Economic Times · 1h ago · 🇮🇳 India
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 China's manufacturing activity expanded at its slowest pace in four months.

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