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Hi-P is the next tech play to tumble on sliding earnings

Published Thu, Aug 2, 2018 · 09:50 PM

Singapore

CONSUMER electronics manufacturer Hi-P International's stock slipped 9.45 per cent to close at S$1.15 on Thursday, the latest tech stock to fall after AEM Holdings' precipitous drop.

The stock hit a low of S$1 as investors rushed for the exits, a day after the company announced lower earnings for its second fiscal quarter.

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