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China stocks up as IMF upgrades GDP forecasts

IMF Boosts China s Economic Forecast Amid Mixed Stock Performance

China stocks saw a slight increase as the IMF upgraded its economic growth forecast for the country to 5% for the year, citing a strong first-quarter performance. However, tech shares in Hong Kong fell, with significant declines from e-commerce giants Alibaba and Meituan. Regional stock indexes showed mixed results.

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