Global Market: China stocks rebound as state support boosts sentiment, tech shares remain under pressure

    Chinese equity markets rebounded on Monday after suffering steep losses last week, as signs of government-backed support helped restore investor confidence in traditional sectors. However, technology and semiconductor-related stocks continued to face selling pressure amid concerns over stretched valuations and the global retreat from AI-linked shares, Reuters reported. According to Reuters, the benchmark CSI300 Index…

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      Global Market: China stocks face steep weekly losses as CXMT IPO sparks liquidity crunch fears

      Chinese equities tumbled on Friday, leaving the country’s benchmark indexes on course for their steepest weekly decline in two-and-a-half years, amid concerns that the massive IPO of memory chipmaker CXMT could siphon off market liquidity. According to Reuters, expectations of several more large domestic IPOs in the pipeline further dampened investor sentiment, particularly in the…

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      China stock market today: China stock market crash: Shanghai Composite, Hong Kong benchmark Hang Seng head for worst week. Here are reasons

      China stock market today: China stock market crash: Shanghai Composite, Hong Kong benchmark Hang Seng head for worst week. Here are reasons

      China stocks fell on Friday, set for the steepest weekly decline in 10 weeks, as investor caution over trade uncertainties and profit-taking in artificial intelligence shares dampened sentiment ahead of a key leadership gathering next week. China’s blue-chip CSI300 Index dropped 1.3 per cent, while the Shanghai Composite Index lost 1 per cent. Hong Kong…

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