Asia-Pacific Stocks Tumble as Tech Selloff Deepens; Kospi Briefly Triggers Circuit Breaker

Cointime reports: A tech-stock selloff swept Asia-Pacific markets, with South Korea’s Kospi plunging nearly 9% at one point and triggering a circuit breaker, while Japan’s Nikkei 225 fell more than 6%. Hong Kong’s Hang Seng Index dropped 1.06% and the Hang Seng Tech Index lost 1.75% by midday, and China’s ChiNext Index fell 3.5% with over 4,500 stocks declining. China’s 10-year government bond yield hit a record low.