China Stocks Rise as Risk Appetite Returns
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China's stock market saw gains on Tuesday, with the Shanghai Composite rising 0.5% to over 4,030 and the Shenzhen Component increasing 0.8% to 13,935. This recovery was driven by easing volatility in metals markets and positive signals from US factory activity. Mining stocks led the rise, with Zijin Mining up 2.2% and Hunan Gold Corp climbing 4.8%. Technology stocks also rebounded, including Suzhou TFC Optical and Shenzhen Sunway. Additionally, Chinese manufacturing activity showed acceleration in January ahead of the Lunar New Year holiday.
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Source: Trading Economics The copyright of this article belongs to the original author/organization.
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