Chinese shares ended lower amid weak sentiment as China’s November activity data painted a mixed picture.
Economists reckon that the speed and rollout of the stimulus measures could be key for a sustained economic recovery.
Semiconductor and consumer durable stocks led the losses. Semiconductor Manufacturing International Corp. dropped 1.8% and Naura Technology Group fell 2.1%. Midea Group declined 1.05% and Haier Smart Home shed 0.7%. Telecom stocks rose broadly, with China Mobile up 3.1%.
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2024-12-16 08:39:00
