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المشهد العربي
Chinese stocks rise on government support
The article explains that Chinese stock indices closed higher on Friday, supported by a strong surge in trading volumes of exchange-traded funds favored by government-backed investors, despite the major companies' stock index experiencing its longest weekly losing streak since its launch. The CSI 300 index rose by 1.70%, closing at 4,105 points, although it declined by 1.55% over the week. Other indices also saw gains, such as the ChiNext index, which increased by 4.2%, and the STAR 50 Technology index, up 3%. Nevertheless, the main Chinese stock index continued its decline for the eleventh consecutive week.
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