Tech stocks faced fresh pressure amid concerns over fundraising plans by Alibaba and Yangtze Memory Technologies. Major decliners included SMIC, Cambricon Technologies, Hygon Information Technology, Zhongji Innolight and Eoptolink Technology.
Investors are also cautious ahead of a busy earnings week, with companies such as BYD, PetroChina, CNOOC and Eoptolink due to report results.
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First Published: Aug 24 2026 | 3:50 PM IST
Source: Read the original article on www.business-standard.com