Hong Kong stocks traded choppily in the morning; at midday the Hang Seng Index was up 0.68% and the Hang Seng Tech Index gained 1.58%. Tech and internet names led the rebound: Xiaomi (01810.HK) rose over 4%, Meituan (03690.HK) and Kuaishou (01024.HK) rose over 2%, Baidu (09888.HK), Alibaba (09988.HK) and Tencent (00700.HK) rose over 1%. Financials were also active: China International Capital Co (03908.HK) and Shenwan Hongyuan Hong Kong (00218.HK) rose over 8%, while Nanhua Futures (02691.HK) an

China shares closed higher on Aug 26. China's Shanghai Composite Index rose 23.08 points (+0.59%) to 3,912.52; Shenzhen Composite Index gained 95.46 points (+0.69%) to 13,841.33. The CSI 300 index added 38.76 points (+0.85%) to 4,590.79; ChiNext rose 17.37 points (+0.51%) to 3,414.88; STAR 50 climbed 27.43 points (+1.71%) to 1,632.02.

German exporters' confidence rose in August to a four-and-a-half-year high as demand from EU partners lifted the IFO export expectations index to 9.6 from -2.8 in July — the largest one-month improvement in over six years and the highest reading since Feb 2022. The survey cited stronger sentiment at data-processing equipment, electrical equipment and auto firms; IFO said exports, especially to the EU, are accelerating. Official data on Tuesday showed Q2 GDP expanded more than initially estimated, partly driven by robust exports, providing further evidence of stabilising growth despite deep strains in the auto sector.