While there are concerns over the Trump administration’s potentially tougher version of US semiconductor curbs, strategists have mainly remained bullish on the market. China’s artificial intelligence capital expenditure is still in expansionary mode, they said.
A decline in Chinese technology stocks after President Donald Trump moved to squeeze US investments into the Asian nation presents a buying opportunity, according to some traders.
The Hang Seng Tech Index reversed losses of as much as 4.4% on Tuesday amid further southbound buying from mainland investors as they rushed to buy the dip.
