China stocks rose as inflation rebounded, leading to hopes of economic recovery.

China stocks rose as inflation rebounded, driving hopes of economic recovery. The CSI300 Index increased 0.8%, while the Shanghai Composite Index edged 0.2% higher. In Hong Kong, the Hang Seng Index gained 1.3%, with an index tracking tech stocks rising 2.6%. China's consumer prices rose for the first time in six months due to spending linked to the Lunar New Year, offering a reprieve for the nation's struggling economy.

March 11, 2024
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