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Asian technology stocks extend sell-off with SoftBank down 7% as AI plays take a hit

Chinese internet stocks listed in Hong Kong bucked the broader regional weakness with Tencent, Meituan, Baidu and Kuaishou all trading higher.

Asian technology stocks extend sell-off with SoftBank down 7% as AI plays take a hit

Published July 29, 2026 · Category: Finance

Overview

Chinese internet stocks listed in Hong Kong bucked the broader regional weakness with Tencent, Meituan, Baidu and Kuaishou all trading higher.

Source

Originally published at www.cnbc.com.

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