Economy · World
China Stocks Mixed Amid Improving Activity Data
Chinese mainland stocks closed mixed on Friday, with the CSI300 and Shanghai Composite indices rising 0.4%. The Hong Kong Hang Seng index advanced 2.1%, driven by a rebound in technology stocks. Despite the daily gains, major benchmarks were on track for weekly losses due to cooling momentum in AI shares and rising US Treasury yields. Purchasing Managers' Index (PMI) data indicated improving economic activity in China.
How outlets across the spectrum covered it
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- Centre (2): Business Standard, The Economic Times