News Snapshot:
China stocks rise as economic rebound hopes stay intact * SSEC +0.3%, CSI300 +0.2%, HSI +0.6%, HSCE +0.5% * Caixin services PMI down m-o-m but recovery continues * Financials lose steam; tech, consumption shares rise HONG KONG, Aug 5 (Reuters) - China stocks rose marginally on Wednesday as investor confidence in the country's economic upswing stayed intact, though a drop in financials tamed the broader market's strength. ** At the midday break, the Shanghai Composite index was up 0.4% at 3,381.35 points. ** China's blue-chip CSI300 index was up 0.2%, with the consumer staples sector rising 0.1% and consumption discretionary...
