Published on 09/08/2026 at 12:36 am EDT
(Reuters) - China stocks edged up on Tuesday as farming, energy and gold stocks offset weakness in tech shares, while Hong Kong stocks fell amid rising Middle East tensions.
** China's large-cap CSI 300 Index was up 0.1% by the lunch break, while the Shanghai Composite Index climbed 0.4%.
** Both indexes have stabilised recently after a mid-year sell-off wiped off this year's gains.
** In Hong Kong, which is more vulnerable to global sentiment, the Hang Seng Index lost 0.3%.
** China's agriculture-related shares rose about 4.6% after the central government unveiled a plan to bolster funding for rural revitalisation.
** Energy shares also climbed as heightened tensions in the Middle East pushed up oil prices.
** On Tuesday, Iran threatened the United States with "economic warfare" and said it had fired an advanced missile at the U.S.
** Traders are closely monitoring the upcoming U.S. inflation data that could shape expectations for the Federal Reserve's next policy move.
** Meanwhile, China's gold stocks rose as the yellow metal gained ground, while the U.S. dollar slipped.
** "The structural forces supporting gold prices remain firmly in place," James Luke, portfolio manager at Schroders said in a note, citing mounting U.S. fiscal pressure.
** But tech stocks in both China and Hong Kong fell following Monday's rebound.
** Computer, information security, new energy and chipmaking shares were among the biggest losers in China, falling roughly roughly 1% each.
(Reporting by Shanghai newsroom; Editing by Varun H K)

Sumber : Reuters