China tech stocks rally on AI rebound hopes, but STAR 50 posts record monthly slump
Chinese tech shares rallied on Friday, tracking gains on Wall Street and across Asia, but still posted hefty losses in July, with the STAR 50 suffering its worst month on record.
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Chinese tech shares rallied on Friday, tracking gains on Wall Street and across Asia on hopes the global AI-driven sell-off was easing, though key indexes still posted hefty losses in July, with the tech-focused STAR 50 suffering its worst month on record.
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