China shares rise on tech sector bounce; Hong Kong gains ...Middle East

Devdiscourse - Opinion
China shares rise on tech sector bounce; Hong Kong gains
source : Devdiscourse ( Middle East ) () 19
A bounce in tech shares helped to lift China's main stock indexes higher on Wednesday, a day after concerns over tightening oversight of online games wiped nearly $60 billion off the market capitalization of Chinese tech giant Tencent. ** At the midday break, the Shanghai Composite index was up 0.56% at 3,467.30. ** China's blue-chip CSI300 index was up 0.54%, with the CSI Info Tech index gaining 1.03%. ** Chinese H-shares listed in Hong Kong rose 1.9% to 9,497.86, while the Hang Seng Index was up 1.57% at 26,605.79. ** Tencent Holdings Ltd bounced 4.3% higher on Tuesday, even as an opinion article in the ruling Communist Party's official People's Daily newspaper said on Wednesday that China

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