23 Hrs
Source:
المشهد العربي
Chinese stocks climb on tech gains
Chinese stocks experienced notable gains during the trading session, fueled by investor enthusiasm for the technology and artificial intelligence sectors, especially following strong positive financial results from the American company NVIDIA. Shares of companies such as "CXT" increased by 5.4%, and "Shengji Technology" rose by 8.4%. However, industrial companies saw a slowdown in growth, with profits increasing by only 11.2% in July, the weakest rate since the beginning of the year. Meanwhile, the US dollar remained stable against the yuan at 6.7211. The major stock indices closed with mixed performances: the Shanghai Composite, CSI 300, and Shenzhen Composite all rose, while the Hang Seng declined slightly by 0.34%.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)