Reported about 17 hours ago
Chinese stocks saw a significant decline on Friday, exacerbated by disappointing tech earnings and rising geopolitical tensions, particularly concerning former President Donald Trump's potential return. The CSI 300 Index fell 3.1%, while the Hang Seng China Enterprises Index lost 2.1%, marking another week of losses. Negative earnings reports from key firms such as Baidu Inc. and PDD Holdings Inc. have dimmed investor confidence, leading to concerns about the sustainability of economic recovery as uncertainties around US-China relations grow.
Source: YAHOO