Groundwater conservation needs people’s participation: CGWB director

Hong Kong’s Hang Seng Index fell 2% by midday on Friday, weighed down by a global selloff in technology stocks as renewed inflation concerns dampened risk appetite. The Hang Seng Tech Index plunged 4%, with investors reducing exposure to technology and other growth stocks amid fears that higher inflation could lead to tighter monetary policy…

Aryzta shares fall 6% as UBS flags weaker growth and margin outlook

Cerebras Systems experienced a notable drop in its shares after falling short of key financial projections. Although its cloud revenue saw a remarkable increase, hardware sales faced a downturn, sparking concerns regarding the competitive edge of its AI chip sector. Analysts pointed out difficulties in scaling operations effectively to satisfy demand. Similarly, Cisco Systems’ stock…