Hong Kong chip stocks continued to fall, ZTE (00763.HK) fell more than 7%, Horizon Robotics (09660.HK) fell more than 5%, SMIC (00981.HK), ASMPT (00522.HK). Huahong Semiconductor (01347.HK) fell more than 4%, Shanghai Fudan (01385.HK) fell more than 3%.
The Hang Seng Technology Index widened its intraday decline to 1 percent, with ASMPT (00522.HK) losing nearly 4 percent.