China and Hong Kong stocks fell sharply on Monday, led by technology shares, after Alibaba’s $10.2-billion share placement revived concerns over AI spending, shareholder dilution and the returns on heavy capital expenditure.
China and Hong Kong stocks fell sharply on Monday, led by technology shares, after Alibaba’s $10.2-billion share placement revived concerns over AI spending, shareholder dilution and the returns on heavy capital expenditure.
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