China Information Technology Index Rises 2.85% on Friday, Down 11.63% for Week

The single-session rebound does little to offset the scale of the weekly decline, which points to a sharp repricing rather than a steady drift. The divergence between Friday's gain and the five-day loss suggests volatility concentrated in a short window, and the sustainability of the bounce is the open question. With no detail on what drove either move, the index's ability to hold above the Friday close in the sessions ahead is worth watching.