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China, Hong Kong shares ease as global rate concerns weigh
HONG KONG: China stocks edged lower and Hong Kong shares fell on Wednesday, as investors weighed renewed global rates concerns against domestic market stabilization measures. At the midday break, the Shanghai Composite index was down 0.2% at 3,654.95 and the blue-chip CSI300 index was down 0.3%. Tech shares made some cautious gains. The start-up board ChiNext Composite index was higher by 1% and Shanghai’s tech-focused STAR50 index was largely flat. The telecommunications sector was among the biggest gainers, with the CSI 5G Communications Index up 3% by the midday break. Optical communicati...
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