China stocks rebounded slightly on Tuesday, after a five-day losing streak, with tourism companies leading the gains amid rising enthusiasm for winter travel, and as some investors bought the dip after blue-chip shares hit a nearly five-year low in the previous session.
- The blue-chip CSI 300 Index and the Shanghai Composite Index both edged up 0.3% by the midday recess.
- Hong Kong’s Hang Seng Index added 0.3%, and the Hang Seng China Enterprises Index remained almost flat.
- Other Asian stock indexes were mostly higher after a tech-led surge on Wall Street as investors await the next set of U.S inflation numbers due this week, which could hint at when the Federal Reserve might start cutting interest rates.
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