MBAanon here…what's spooking the Chinese markets is a 'fruits of the poisonous tree' type of effect feared as a backlash to the Huawei situation.
The insiders know that Huawei is just the wedge that opens the door to the world finding out how comped the electronics sector is to China's over aggressive espionage and control umbrella.
Once consumers but individual and institutional convert that fear into action and boycott Chinese boards and chips in their products, there will be a dramatic falling of the cake right before it was to be served.
Who do you think is crashing these planes, wrecking these ships, remotely launching these missiles, and any number of the 'death by a thousand tiny cuts' strategies? They're playing the long game.
The more this aggressive parasitic infestation is uncovered the worse the selloff and more toxic their products and markets become.
They're evil…but not stupid. Time to sell before can't.