Global Market: Shanghai, Hong Kong stocks rise as consumer gains offset tech weakness
Shanghai and Hong Kong stocks gained on Monday as consumer and property shares offset weakness in technology stocks. Investors assessed fresh Chinese inflation data, which pointed to persistent deflationary pressures, for clues on Beijings policy outlook. Expectations of fiscal support and resilient exports also shaped market sentiment.
Shanghai and Hong Kong stocks gained on Monday as consumer and property shares offset weakness in technology stocks. Investors assessed fresh Chinese inflation data, which pointed to persistent deflationary pressures, for clues on Beijings policy outlook. Expectations of fiscal support and resilient exports also shaped market sentiment.
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