AI
China shares waver, HK bounces as Beijing vows more support for consumption, AI
[ad_1]
China stocks wavered and Hong Kong shares bounced on Wednesday after Beijing set an ambitious economic growth target while pledging more support for domestic consumption and the tech industry as a trade war with the United States heats up.
The blue-chip CSI300 Index dipped 0.2% in early trade and the Shanghai Composite lost 0.3% in volatile trading, though tech shares firmed.
Hong Kong’s Hang Seng Index bounced 1.7%, while the Hang Seng Tech Index climbed 1.8%.
China’s top policymakers announced a 2025 growth target of roughly 5%, a record 4%…
[ad_2]
Source link
You must be logged in to post a comment Login