SHANGHAI: China stocks rose on Friday but were headed for a flat week as an earnings lull kept investors cautious ahead of fresh policy signals, while Hong Kong shares were set for a weekly decline.
China’s blue-chip CSI300 Index and the Shanghai Composite Index both gained 0.6% by the lunch break. Hong Kong benchmark Hang Seng was up 0.7%.
The CSI300 Index was up just 0.1% so far this week, while the Hang Seng Index was down 1.1%.
The CSI Index was largely flat this month after a 16% rally this year.
Chinese chip stocks were little changed after Reuters reported the Trump administration has launched a review that could allow the first shipments of Nvidia’s second-most powerful artificial intelligence chips to China.
Onshore AI shares rose 1.3%,while Hong Kong-listed tech majors were 1.1% higher, after hitting a five-month low earlier this week.
The CSI Tourism Index, with the China Tourism Group Duty Free up 7.3%, after China launched a $113 billion free-trade experiment on Hainan island.
Nomura analysts said the gap between the property sector and exports is likely to persist, forecasting China’s GDP growth at 4.3% in 2026, easing to 4.1% in the first half before rebounding to 4.5% in the second on expected spring stimulus and
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