The whole world is paying for the same bill - 36Kr

Global markets are under pressure from a synchronized tech selloff, uneven megacap earnings, higher oil prices, and tighter policy signals across regions.

China’s A-share tech sector fell sharply, with semiconductors and optical module stocks weakening across the board, while ChiNext and the STAR 50 also dropped.

Microsoft rose after strong cloud results and an accounting adjustment, but Meta slid as profits and cash flow came under strain.

Iran’s missile launch into the U.S. pushed oil higher, and Korean equities also weakened amid deleveraging and regulatory concerns.