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China, Hong Kong stocks set to end week higher as AI sentiment rebounds
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China and Hong Kong stocks are set for weekly gains, driven by a rebound in AI-related shares. The CSI300 Index rose 1.6% and the Hang Seng Index 2.6% this week. Analysts predict a focus on technology and dividends in 2026, with increased volatility. Sportswear firms Anta and Li Ning saw declines amid takeover talks for Puma. Vanke's shares hit a record low, with debt restructuring speculations. Charles Wang noted reduced exposure to property stocks, emphasizing market-based principles for handling losses.
Source: Reuters The copyright of this article belongs to the original author/organization.
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