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Chinese Stocks Fall Ahead of Key Stimulus Briefing
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- Tiny Tech News
Chinese stocks lagged behind other Asian markets due to investor caution ahead of a weekend briefing expected to provide details on China`s economic stimulus plans. While other Asian markets rose, the CSI 300 Index fell, reflecting uncertainty about the potential impact of the announced measures. Investors are hoping for significant fiscal stimulus, but there are concerns about whether the briefing will deliver concrete details. Despite hotter-than-expected US inflation data, US equity futures edged higher, and market expectations for a potential Fed rate cut next month remained largely unchanged.
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