China stocks edge towards one-year low, dragged down by AI hardware share
SHANGHAI: Chinese stocks slipped on Wednesday as a selloff in AI-related supply chain shares deepened and as investors digested mixed domestic inflation data, leaving the blue-chip benchmark hovering near a one-year low. The CSI300 Index dropped 0.3% by the l...
SHANGHAI: Chinese stocks slipped on Wednesday as a selloff in AI-related supply chain shares deepened and as investors digested mixed domestic inflation data, leaving the blue-chip benchmark hovering near a one-year low. The CSI300 Index dropped 0.3% by the lunch break, while the Shanghai Composite Index was flat. Hong Kong’s benchmark Hang Seng edged up 0.2%. Chinese producer prices rose at their fastest pace in mo...