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Asia Markets: Asian markets end mostly lower as China’s tech stocks slump

Asian stock markets mostly finished with losses Wednesday, as the region’s technology stocks tracked weakness in U.S. markets that was triggered by ongoing trade tensions.

The Shanghai Composite SHCOMP, -1.00% closed down 1%, while the tech-heavy China Shenzhen ChiNext Composite 399106, -1.96% tumbled 2.6%. Those move came after tech stocks helped drive a selloff for Wall Street on Tuesday, led by Micron Technology Inc. MU, -5.51% tumbling 5.5% on news it was temporarily blocked from selling some of its memory chips in China. U.S. markets will be closed in observance of the Independence Day holiday on Wednesday.

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