China stocks rise as inflation rebounds; tech shares lead HK higher

SHANGHAI, March 11 (Reuters) – China stocks gained on Monday after an upswing in consumer prices raised hopes of an economic recovery, while tech stocks led the Hong Kong market higher. ** China’s blue-chip CSI300 Index ended up 1.3% while the Shanghai Composite Index edged 0.7% higher. ** In Hong Kong, the Hang Seng Index gained 1.4%, with an index tracking tech stocks rising 2.9%. ** China’s consumer prices rose for the first time in six months due to spending linked to the Lunar New Year, offering some reprieve for the world’s second-biggest economy grappling with weak consumer sentiment. ** “Trade, tourism, and mobility data around Spring Festival, both during and after, hold promise,” DBS said in a note, cautioning…

Source: Market Screener
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