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المشهد العربي
Chinese and HK stocks reach two-month lows
Chinese and Hong Kong stocks hit their lowest levels in two months, due to a broad sell-off mainly concentrated in the technology sector, with the Shanghai Composite Index declining by 1.70% and the CSI 300 Index falling by 2.15%. However, a slowdown in the decline is expected soon, as profits from Chinese stocks are projected to grow by 6% this year, supported by government initiatives to increase reliance on the semiconductor sector.
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