 "Stock market, markets, shares")
The global selloff in technology equities continued in Asia on Tuesday amid fears of higher interest rates, with a benchmark tracking Chinese technology stocks in Hong Kong set to close at a record low.
The Hang Seng Tech Index, which officially started in July last year, dropped as much as 2.5% to slip below the previous closing low on Aug. 20. The gauge, which counts Tencent Holdings Ltd. and Alibaba Group Holding Ltd. as key members, is headed for a fourth consecutive weekly decline.
Megacap technology stocks that rallied through the pandemic have declined as increased regulatory oversight and a sudden spike
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