China’s mainland stocks gained on Friday, but major benchmarks remained on track for weekly losses as fading momentum in AI shares and elevated US Treasury yields weighed on sentiment. The CSI300 and Shanghai Composite rose 0.4%, while Hong Kong’s Hang Seng advanced 2.1%, led by a rebound in technology stocks.
China’s mainland stocks gained on Friday, but major benchmarks remained on track for weekly losses as fading momentum in AI shares and elevated US Treasury yields weighed on sentiment. The CSI300 and Shanghai Composite rose 0.4%, while Hong Kong’s Hang Seng advanced 2.1%, led by a rebound in technology stocks.
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