Business · Markets · 2 days ago

Chinese stocks post ninth straight weekly loss as Hong Kong shares rise

Chinese stocks post ninth straight weekly loss as Hong Kong shares rise

China’s main mainland stock index fell for the ninth week in a row, even though it edged up on Friday.

Investors have been selling technology shares, including companies linked to artificial intelligence, after earlier price rises.

Hong Kong stocks moved higher as large technology and internet companies gained.

The split shows that investors remain cautious about mainland China shares, while some Hong Kong companies attracted buyers.

Sources

Related news