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Why Chinese Tech Stocks Are Selling Off Despite Strong Earnings
Season 2
Episode 70
Published 1 week, 4 days ago
Description
This episode of China Economy with Fexingo digs into the sharp sell-off in Chinese tech stocks in late June 2026. Over the past week, the iShares China Large-Cap ETF (FXI) dropped 5%, while Alibaba and JD.com fell 7.8% and 8.2% respectively. Lucas and Luna examine the forces behind the move: a global semiconductor rout triggered by a Micron-led tech sell-off in the US, lingering concerns about China's consumer slowdown, and the yuan weakening to 6.77 per dollar. They also discuss how the trade-weighted dollar index at 120.4 is adding pressure on emerging markets. The conversation explores whether this is a buying opportunity or a sign of deeper structural issues for China's tech sector.