Chinese equity markets bounced back on Friday, reversing a sharp decline in semiconductor stocks that had weighed on the previous session.
The rebound was bolstered by a lacklustre US jobs report, which strengthened market consensus that the Federal Reserve will maintain its current interest rate stance or pivot toward easing.
Hong Kong shares extended their gains, tracking the broader sentiment shift across Asian bourses.
The recovery marks a stabilization following a severe global sell-off that had previously hammered technology shares and broader indices.
Investors appear to be digesting the softer US labor data as a signal that monetary policy pressure may ease, providing a floor for risk assets.
The Shanghai Composite and CSI 300 benchmarks participated in the rally, shedding the losses incurred during the earlier downturn.