China stocks slump; tech earnings surge ahead of US payrolls

China stocks slump; tech earnings surge ahead of US payrolls

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China shares fell to fresh five-year lows on Friday and posted their worst weekly drop in five years despite late-session signs of state support, while blowout earnings at Amazon and Meta buoyed European and U.S. futures ahead of labour-market data. The closed 1.5% lower as investors remain…

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