Chinese shares reversed earlier losses to close higher, likely buoyed by investor sentiment as China met its 2024 growth target in a challenging year.
However, economists believe that aggressive and sustained stimulus measures are necessary to maintain growth momentum.
Semiconductor and technology hardware stocks led gains, with Semiconductor Manufacturing International Corp. rose by 6.3%, and Will Semiconductor by 0.8%. ZTE Corp. it gained 3.3%, while Hangzhou Hikvision Digital Technology added 0.25%.
