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The Independent UK
The Independent UK
National
Yuri Kageyama

Asia shares are mixed after a US tech selloff as a Chinese rival joins the global AI frenzy

Japan Financial Markets - (Copyright 2025 The Associated Press. All rights reserved)

Asian shares were mixed in thin Lunar New Year trading on Tuesday after Wall Street’s tech superstars tumbled as a competitor from China raised doubts over the recent artificial-intelligence market frenzy.

Japan's benchmark Nikkei 225 lost 0.9% to 39,214.19. Australia's S&P/ASX 200 was little changed, inching up less than 0.1% to 8,411.70. Hong Kong's Hang Seng rose 0.2% to 20,236.13. Markets in South Korea, Shanghai markets and other parts of the region were closed for holidays.

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