Chinese equities took a hit, with Hong Kong stocks slumping the most since March after Beijing's latest stimulus package failed to impress investors. Consumer names on the mainland
Chinese equities took a hit, with Hong Kong stocks slumping the most since March after Beijing's latest stimulus package failed to impress investors. Consumer names on the mainland continue to struggle, and the broader region is on edge ahead of US jobs data following wild swings in bonds and currencies. Geopolitical headlines around the South China Sea and Taiwan add a layer of tension, though a large biotech licensing deal with a Chinese drugmaker offers a rare bright spot for the sector.
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