Chinese indices remain under pressure as Tech continues to drag, with Foxconn Industrial Internet falling ~3.8%. New energy provides a rare bright spot as CATL rises ~2.1%, partially cushioning the ChiNext's decline despite broader weakness in growth names.
Chinese market temperature sits in neutral territory — driven mainly by elevated valuations (near the 79th historical percentile), with breadth around the middle (around the 46th historical percentile). Today's session nonetheless saw indices edge lower, dragged by tech and growth stocks on hotter-than-expected US inflation data, even as most individual stocks advanced.