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Tech Leads Losses as Asian Stocks Track Wall Street Selloff

Seoul’s Kospi fell more than 5% and chip stocks dropped as higher yields and oil prices pressured AI-linked shares, traders said.

HONG KONG: Technology stocks were back in the crosshairs of investors on Wednesday (Aug 19), taking another heavy blow from a spike in bond yields, rising oil prices, persistent inflation and dimming hopes for a deal to reo

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South China Morning Post broke the news in Hong Kong, Hong Kong on Wednesday, August 19, 2026.
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