HK market opens lower after tech selloff

Hong Kong stocks opened lower on Tuesday, weighed down by a selloff in technology shares. The Hang Seng Index fell in early trading, mirroring declines seen in tech-heavy indices globally.

The tech sector has been under pressure recently due to concerns about valuations and regulatory scrutiny. Investors are also monitoring developments in the US, where the technology sector has faced similar headwinds.

Market analysts suggest that investors should remain cautious in the near term, given the uncertainty surrounding the tech sector and potential for further volatility.

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