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Reuters

Reuters

Technology

Technology

China tech stocks cap best winning run in five years on earnings surprises, fund rotation

Reuters
Summary
Nutrition label

80% Informative

Chinese tech stocks listed in Hong Kong advanced on Friday for their best weekly winning streak since 2020 .

The Hang Seng Tech Index closed up 6.5% , its best single-day gain since October , to reach its highest in three years .

Alibaba surged 14.6% to the highest since late 2021 after better-than-expected revenue.

Lenovo advanced over 15% to near a ten-year high after quarterly results smashed estimates.

VR Score

92

Informative language

99

Neutral language

51

Article tone

formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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