Chinese Stocks Hold Steady As Inflation Data Looms
From Finimize: 2024-05-28 02:38:21
Chinese stocks traded sideways as investors awaited global inflation reports. Shanghai’s housing market reacted to new policies, affecting tech and semiconductor stocks. The Shanghai Composite Index edged up, but results varied across markets. The US PCE price index report is eagerly anticipated, with potential global market impact. Global economic tensions are reflected in Chinese stocks’ performance, showing interconnected markets.
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