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Global Market: China, Hong Kong stocks rise as strong trade data and AI demand lift sentiment
China and Hong Kong equities advanced on Friday after stronger-than-expected July trade data reinforced confidence in the country's export resilience. Robust demand for AI-related technologies, particularly semiconductors, lifted investor sentiment, while Morgan Stanley reiterated its preference for Hong Kong equities amid improving earnings prospects.
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economictimes.indiatimes.com
Global Market: China stocks rebound on AI, chip rally; Hong Kong shares slip
Chinese stocks rebounded on Tuesday, led by gains in AI and semiconductor shares, as renewed optimism over the sector and a global technology rally lifted sentiment. While…
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scmp.com
Mainland investors dodge AI tumult by extending buying spree in Hong Kong
Mainland traders poured US$8 billion into Hong Kong equities in July, eyeing refuge from global tech sector volatility, in a market trading at just 12.2 times earnings.
