Heading: CHINA STOCKS CLOSE WEEK DOWN AS AI RALLY LOSES STEAM - 2026-09-05
Published September 5, 2026 Updated about 2 hours ago By Reuters SHANGHAI: China stocks edged down on Friday and ended the week lower, as a rally in AI shares lost momentum and concerns over higher US yields weighed on global equities. China’s blue-chip CSI300 Index closed 0.1 percent lower and the Shanghai Composite Index edged down 0.3 percent. Hong Kong benchmark Hang Seng rose 1.7 percent. For the week, the CSI300 Index ended 1.3 percent down, while the Hang Seng Index was up 0.3 percent. Sentiment towards AI supply chain stocks cooled along with global peers and investors have shifted into some traditional sectors, according to market participants. The tech-focused STAR50 Index fell 2.1 percent, and was down 5.1 percent this week. The CSI Artificial Intelligence Index fell 1.6 percent. Against broad declines, consumer staples shares rose 2.7 percent. Chinese liquor giant Kweichow Moutai shares rose 2.4 percent. The CSI Financial Index rose 0.8 percent. Onshore…
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