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المشهد العربي
Chinese stocks hit 2025 lows
Chinese stocks closed sharply lower on Wednesday, reaching their lowest levels since August 2025. The decline was driven by increased selling pressure on shares of companies in the artificial intelligence sector and the impact of domestic inflation data that showed producer prices rising in September at the fastest pace in over four years, amid slowing consumer inflation and a decline in domestic demand. Losses were recorded in the 5G companies index, which fell by 3.8%, and the technology sector, which declined by 3.3%. Meanwhile, the energy sector managed to advance thanks to rising oil prices. The US dollar remained steady against the yuan at 6.6927 yuan.
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