China stocks rose modestly on Thursday, with the Shanghai Composite up 0.1% to around 3,370 and the Shenzhen Component up 0.3% to 10,636, recovering losses from the previous session.
However, concerns over China's economic challenges and escalating trade tensions with the U.S. kept investors cautious.
The November PMI report showed a second straight month of expansion in China's manufacturing sector, although growth in the services sector slowed.
Meanwhile, Beijing recently banned exports of critical minerals with military applications to the U.S., a retaliatory move in response to Washington's recent crackdown on China's chip industry. Technology stocks mostly recovered from the previous session's losses, including Bluefocus Intelligent (+12%), Shanghai Stonehill (+10%), and 360 Security Technology (+6.4%).
Source: Trading Economics
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