China stocks up as IMF upgrades GDP forecasts

From MarketScreener: 2024-05-29 00:23:32

China stocks tick up as IMF raises growth forecast to 5%. Tech shares drag Hong Kong indexes down with Alibaba and Meituan falling. Shanghai Composite up 0.33%, CSI300 up 0.38%. H-shares in Hong Kong drop 1.56%. Regional markets weaker, yuan at 7.2484 per USD. Top gainers include Trina Solar, while Meituan and JD Health lead decliners.



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