Tech stocks listed in Hong Kong, including the Hang Seng Tech index tracking large mainland Chinese technology companies, fell 11% into correction territory due to profit booking, trade war uncertainty, and U.S. restrictions on Beijing’s tech access. Chinese tech stocks saw a boost from AI advancements and increased investor interest, with mainland Chinese investors making record purchases in stocks like Alibaba and Tencent. Despite recent volatility, experts believe China tech stocks still offer diversification opportunities, with strong support from the government, positive earnings, and lower valuations compared to global counterparts.
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From cannolis to a collapsing NDP: Inside Poilievre's GTA battle as election day nears
At a rally in Vaughan, Conservative leader Pierre Poilievre aims to secure Anna Roberts' seat in King—Vaughan and gain ground in the Liberal-held Vaughan—Woodbridge as the federal election approaches on April 28. Despite his efforts, polls indicate that the Liberals, led by Mark Carney, are favored in Ontario, prompting NDP leader Jagmeet Singh to urge voters to prevent a Liberal "super majority." Local NDP candidate Ali Bahman reports significant support for the Liberals, with voters...
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