A sharp drop in Chinese tech giants dragged Hong Kong's Hang Seng Index lower on a tough day for Asian markets (Leung Man Hei) Equities sank Thursday in Asia as tech firms resumed their downward spiral following a mixed bag of earnings from Wall Street titans, while sentiment was also soured by another spike in oil prices. AI-linked companies continued the rollercoaster ride they have endured since hitting record highs in June amid worries over colossal investment sums and their timeline for profitability, with rising debt-servicing costs adding to the uncertainty.
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