Chinese equities remain under pressure, with Hong Kong stocks extending their worst slump since March as Beijing's mini-stimulus package left investors underwhelmed and consumer na
Chinese equities remain under pressure, with Hong Kong stocks extending their worst slump since March as Beijing's mini-stimulus package left investors underwhelmed and consumer names on the mainland keep struggling. Rising bond yields and higher oil prices are adding weight to the region, while the US-China trade truce following the recent summit still looks fragile to analysts. Tech names took a beating too, with a sharp selloff in a major Chinese internet gaming company, and Washington's rejection of AI safety cooperation with Beijing keeps the tech tension alive.
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