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China stocks mixed as tech shares fall
HONG KONG: China stocks were mixed while Hong Kong shares edged higher on Monday, as weakness in AI and semiconductor stocks offset gains in defensive sectors, with investors remaining cautious ahead of key global central-bank decisions. At the midday break, the Shanghai Composite index was up 0.2% at 3,894.28 points, while the blue-chip CSI300 index was down 0.3%. Tech shares led declines, with the start-up board ChiNext Composite index weaker by 0.5% and Shanghai’s tech-focused STAR50 index down 0.9%. The CSI AI Index declined 1.2% and the CSI Semiconductor Index weakened 0.7%. Defensive sec...
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