Chinese equity markets opened lower on Monday, with the blue-chip CSI 300 Index dropping 0.7% and the Shanghai Composite Index losing 0.6% by the lunch break.
The decline was driven by a broad-based sell-off in artificial intelligence-related shares, which dragged down the domestic semiconductor supply chain.
9% as investors sold off semiconductor stocks that had recently hit record highs.
The weakness in Chinese tech stocks reflects a continuation of the global rout in the sector.
Major semiconductor manufacturers across the United States and Asia have seen their shares fall sharply over the past two sessions, as investor sentiment soured on the competitive outlook for the industry.
The pressure has been particularly acute for companies exposed to the AI infrastructure build-out, where concerns over valuation and future demand growth are weighing on prices.
This latest pullback follows a sharp retreat in Chinese equities earlier in the week, when the Shanghai Composite fell 0.9% as investors sold off semiconductor stocks that had recently hit record highs.