Most Asian stocks and U.S. futures fell Tuesday as the tailspin in China and Hong Kong sparked by Beijing’s sweeping regulatory overhaul again sapped sentiment. Traders are also awaiting major U.S. technology earnings.
MSCI Inc.’s Asia-Pacific equity gauge retreated and a Hong Kong index of Chinese tech firms plunged more than 5%. China is clamping down on sectors ranging from internet platforms to education and real estate, as Xi Jinping’s Communist Party tightens its grip on the economy.
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