China's Mixed Week: Stocks Flat Amid Earnings Lull and Policy Signals

China's stock markets saw mixed results throughout the week, with marginal gains on Friday but overall flat performance due to an earnings lull and anticipation of new policy signals. While Chinese chip stocks remained stable, the tourism and healthcare sectors recorded notable increases.

This week, China's stock market displayed mixed performance, highlighted by a flat trajectory despite Friday's slight gains. The CSI300 Index and the Shanghai Composite each increased by about 0.3%, while Hong Kong's Hang Seng Index rose 0.8%.

Investor caution loomed as an earnings lull and anticipation of fresh policy signals influenced trading decisions. China's tech and chip stocks showed little change, impacted in part by a U.S. review of potential shipments of Nvidia AI chips to China.

However, notable market movement was observed in tourism and healthcare sectors. The CSI Tourism Index surged nearly 3%, fueled by China's free-trade initiative on Hainan Island. Health care stocks saw substantial increases, led by Shanghai Fosun Pharmaceutical's rise on a recent business deal.

(With inputs from agencies.)