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Chinese and Hong Kong stocks dropped Friday amid sector losses and global rate uncertainty.
Chinese and Hong Kong stocks fell Friday, with Shanghai’s Composite dropping 0.97% and Hong Kong’s Hang Seng dropping 1.85%, weighed down by property, industrial, and tech sector losses.
Global markets were mixed amid uncertainty over U.S. interest rate policy, worsened by a government shutdown delaying economic data.
Wall Street ended mostly flat, supported by tech gains, while crude oil rose 2.2% after a drone attack damaged a Russian oil depot.
European growth concerns and New Zealand’s unchanged rate added to market caution.
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Las acciones chinas y de Hong Kong cayeron el viernes en medio de pérdidas del sector y la incertidumbre de las tasas globales.