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The Hang Seng Index fell less than 0.1 per cent to 23,887 as of 10.05am local time, while the Hang Seng Tech Index dropped 0.4 per cent. On the mainland, the CSI 300 Index climbed 0.2 per cent and the Shanghai Composite Index added 0.3 per cent.
Investors were looking ahead to a Politburo meeting later this month for clues on how top leaders might reverse a deflationary trend that has persisted for nearly three years and address excessive supply in some industries battered by “involution.” China and the US could engage in a new round of tariff talks next month after the ceasefire ends in early August.
Other major Asian markets were mixed: Japan’s Nikkei 225 slipped 0.5 per cent, South Korea’s Kospi rose 0.7 per cent and Australia’s S&P/ASX 200 added 0.5 per cent.
