[Watcher Guru] JUST IN: China's "STAR 50" tech stock index has now crashed 42% since reach...

China’s STAR 50 technology stock index has fallen 42% from its June all-time high, extending a 10-week losing streak—its longest and worst on record. More than $480 billion in market capitalization has been erased over the period. The scale of the drawdown matters because STAR 50 is a key gauge of China’s hard-tech and semiconductor equity sentiment, and the sustained selloff signals broad de-risking rather than a single-sector wobble. Watch next for whether the index can break the weekly losing streak and for any policy response from Beijing aimed at stabilizing tech valuations.