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Hong Kong and mainland stocks fall as AI rebound fails to offset losses, mixed August data points to weak domestic demand
The benchmark Hang Seng Index closed down 1% at 24,667 points, while the Shanghai Composite Index fell 0.54% to 3,864 points. Losses were attributed to persistently weak domestic demand, despite a mild rebound in AI hardware shares. Barclays analysts maintained their below-consensus 2026 GDP growth forecast of 4.5%.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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