Chinese stocks experienced a sharp selloff on Wednesday, continuing a volatile trend across Asia-Pacific markets. The Hang Seng Index (HSI) in Hong Kong dropped 1.39% to 20,635.11, following Tuesday’s devastating 9.41% plunge—its worst single-day loss since the 2008 financial crisis. What Happened: The mainland CSI 300 index also suffered, dropping 5.39%. This sharp reversal comes after weeks of robust performance that had positioned Chinese stocks among the top global performers year-to-date. Tech giants bore the brunt of the downturn: JD.com (NASDAQ:JD) plummeted 7.52% on the Hong Kong stock…
