Country: CN | Published: 2026-09-23
Chinese equities pulled back as investors tempered expectations for a leaders' summit, with Hong Kong's major indices closing lower and mainland ETFs also slipping. Tech names carr
Chinese equities pulled back as investors tempered expectations for a leaders' summit, with Hong Kong's major indices closing lower and mainland ETFs also slipping. Tech names carried the weight, as one major e-commerce and cloud player faced a fresh AI-related lawsuit and scrutiny over military ties, while another large internet firm declined despite announcing an AI partnership with an electric vehicle maker. Beijing continues pushing long-term investing to restore foreign appetite for its markets, and the central bank is injecting extra liquidity ahead of Golden Week, offering some support beneath the softer price action.