Hang Seng crashes over 2% as tech selloff hits Asia markets. Why Hong Kong stocks are falling on Friday?
Published on: July 17, 2026, 3:38 p.m. | Source: The Economic Times
Hong Kong's Hang Seng Index fell 2% by midday on Friday, weighed down by a global selloff in technology stocks as renewed inflation concerns dampened risk appetite. The Hang Seng Tech Index plunged 4%, with investors reducing exposure to technology and other growth stocks amid fears that higher inflation could lead to tighter monetary policy and higher interest rates.
