Tech stocks in Asia fall, dragging down Hong Kong’s Hang Seng by nearly 3%

MORNING SQUAWK APAC Tuesday, 10 May 2022 Tech stocks in Asia fall, dragging down Hong Kong's Hang Seng by nearly 3% Overnight stateside, the tech-heavy Nasdaq Composite dropped more than 4% as shares on Wall Street fell. » Read more Bitcoin dips below $30,000, drops more than 56% from its all-time high Bitcoin dropped below the $30,000 price level late Monday. » Read more Tech giants lost more than $1 trillion in value in the last three trading days The biggest names of the technology industry are becoming more affordable as investors take account of the latest U.S. central bank decision. » Read more 40% of bitcoin investors are now underwater, new data shows Bitcoin is off nearly 55% from its November peak, and 40% of holders are now underwater on their investments, according to new data from Glassnode. » Read more Andy Warhol's 'Marilyn' sells for $195 million, setting record for American art Andy Warhol's 1964 portrait of Marilyn Monroe sold for $195 million at Christie's Monday night, becoming the most expensive work of American art ever sold. » Read more Today's Guest Highlights on CNBC All times in SIN/HK 10:30 Andrew Ticehurst Executive Director, Rate Strategist / Nomura Australia G-10 foreign exchange 10:40 Kathleen Stephens President and CEO / Korea Economic Institute South Korean politics 11:00 Martin Crabb Chief Investment Officer / Shaw and Partners Asia markets 12:00 Yogi Dewan CEO and Founder / Hassium Asset Management Global markets Send to a friend  |  Advertise  |  More newsletters  |  Digital Products  |  Unsubscribe © CNBC Inc. All Rights Reserved. 900 Sylvan Avenue, Englewood Cliffs, NJ 07632