Asian tech stocks reel as US-Iran war threatens infrastructure and supply chains

Source: Tech – South China Morning PostTechnology stocks across China, South Korea and Japan have taken a beating as risk-off sentiment sweeps markets amid escalating fears that the US-Iran war may further disrupt tech infrastructure and supply chains.
Hong Kong and Chinese tech stocks have been affected to a lesser degree than their Korean and Japanese peers because of the different levels of exposure to energy and shipping disruptions caused by the Middle East turmoil, analysts said.
In Seoul, the Kospi index sank over 12 per cent…Read More

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