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المشهد العربي
Chinese stocks decline amid geopolitics
Chinese stocks experienced a decline at the end of the trading session after posting weekly gains, due to geopolitical tensions and cautious investor sentiment, despite efforts by the central bank to support the economy through liquidity injections. Despite the downturn, the Shanghai Composite Index closed the week up 1.3%, supported by government investments worth 60 billion yuan (approximately $8.86 billion). Meanwhile, Hong Kong markets saw a roughly 1% drop during the day, but the Hang Seng Index achieved a weekly gain of 1.6%. In the foreign exchange market, the dollar's rate against the yuan remained steady at 6.7747 by midday.
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