News › Markets  ·  28 Aug 2026, 11:43 AM IST  ·  4 days ago

Global Market: China stocks steady as property shares offset Biotech, chip losses

Bias: Neutral 0

In one line — Chinese stocks were largely steady on Friday as gains in property shares offset losses in biotechnology and semiconductor stocks. The Shanghai Composite edged up 0.1%, while the CSI300 slipped 0.1%. Hong Kong equities ad

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Source: Economic Times · AI-summarised by Anadi · Updated 28 Aug 2026, 11:50 AM IST

What Happened

Chinese stocks were largely steady on Friday as gains in property shares offset losses in biotechnology and semiconductor stocks. The Shanghai Composite edged up 0.1%, while the CSI300 slipped 0.1%. Hong Kong equities advanced, supported by Wall Street gains and Nvidia’s upbeat outlook, which boosted global AI sentiment.