Asian technology stocks extend sell-off with SoftBank down 7% as AI… | HappeningNow.news

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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.

Source AI Summary Published July 29, 2026 Brief Under 1 min brief
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AI Summary

The decline in Asian technology stocks continues, with SoftBank experiencing a significant drop of 7%. This downturn is part of a broader trend affecting the sector.

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