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China’s tech hardware shares slide as valuation worries mount

What happened

The STAR 50 Index fell as much as 4.6% on October 9, extending a two-day drop of more than 9% as doubts over the global AI trade deepen China’s tech hardware rally is having a rough autumn. On October 9, 2026, the STAR 50 Index dropped as much as 4.6%, extending a selloff that.

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