Reported about 7 hours ago
China's stock market saw a rise after reopening, fueled by strong interest in artificial intelligence and gold shares, despite indicators of weak consumer spending during the holiday. The CSI 300 Index increased 1.9%, led by gains in technology and materials sectors. Despite concerns over holiday sales, investor enthusiasm for AI remained high, with anticipation building for upcoming policy signals from the Communist Party meeting. The resilience of Chinese equities compared to global peers was also noted amidst ongoing currency valuation discussions.
Source: YAHOO