Global Market: China stocks hit over one-year low as AI selloff deepens; Hong Kong rebounds

Chinese blue-chip stocks fell to their lowest level in more than a year on Friday as a selloff in artificial intelligence-related supply chain shares intensified, while Hong Kong equities rebounded on gains in internet companies, Reuters reported.

The CSI300 Index declined 1.3% by the lunch break, touching its lowest level since August 2025, while the Shanghai Composite Index dropped 1.2%. In contrast, Hong Kong’s Hang Seng Index rose 1.1%, supported by a recovery in technology stocks.