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Global Market: Chinese Stocks Slide as US-China Optimism Fades, Tech Shares Tumble

Chinas blue-chip stocks fell sharply as optimism from the US-China summit faded and geopolitical risks resurfaced. The CSI300 dropped 2.2%, while technology shares led losses after proposed US restrictions on Chinese AI components. Weak industrial profit growth and cautious positioning ahead of Chinas National Day holiday further weighed on sentiment.
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New U.S. sinking on Chinese data centers: technology headlines collapse in Shanghai, hitting the last year's lows after the disappointing Trump-Xi summit. The article Croll in Shanghai: the US narrow on AI hardware sinks Chinese markets at the lowest of a year comes from Economic Scenarios.

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BizToc broke the news on Monday, September 28, 2026.
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