BTC Trades Above $79K as Asia Markets Open to Chaos [Yahoo! Finance]
TENCENT HLDGS UNSP/ADR (TCEHY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
The CoinDesk 20 (CD20) , a measure of the performance of the largest digital assets, is down 8%. Hong Kong's Hang Seng Index is down over 8% during mid-morning trading, while Shanghai's SSE Composite Index is down 7%, and the Taipei's TAIEX is down 9%. Major tech stocks across the region were some of the hardest hit. Alibaba shares in Hong Kong were down 12% while Tencent was down 9%. In Taipei, TSMC stocks dipped 10% in the first few minutes of trading, triggering the exchange's price variation limit mechanism which halts trading in either direction. TSMC's correction comes as the White House says that semiconductors from Taiwan are exempt from tariffs, but the future of the CHIPS Act – which bankrolled the construction of semiconduc
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