Tech shares rallied in mainland China on Thursday as ?investors cheered the securities regulator’s pledge to support ?innovation, while Hong Kong stocks slid on ?rising ?prospects of U.S. rate hikes later this year. ** China took fresh steps a day earlier to fund tech innovation amid an intensifying rivalry with ?the U.S., saying it would support listings of startups in “future industries” such as quantum technology, nuclear fusion and brain-computer interfaces.
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