ðŸ‡ðŸ‡° English, 9 October 2026, AI sector
Stock benchmarks near two-year low as AI sector weighs on market
China's stock benchmarks are near levels hit two years ago, with the AI sector weighing on the market.
The mainland’s blue-chip stock index edged up on Friday, but a selloff in AI-related supply chain shares deepened, while Hong Kong stocks rebounded on gains in internet companies.
The tech index rose 124 points, or 3.1 percent, to 4,197, but was still hovering near a two-year low.
In Tokyo, the Nikkei slipped 11 points, or 0.02 percent, to close at 69,030, as investors weighed prospects for the red-hot AI sector.