China Tech Stocks Extend Rally

2025-09-11 07:22 By Jam Kaimo Samonte 1 min. read

The Shanghai Composite surged 1.65% to close at 3,875 while the Shenzhen Component rallied 3.36% to 12,980 on Thursday, with both benchmarks hitting fresh highs as optimism around artificial intelligence and related industries continued to fuel the tech rally.

Sentiment was further boosted after US tech giant Oracle soared 36% on Wednesday, reporting robust cloud infrastructure growth driven by AI demand.

Chinese equities advanced even as reports surfaced that the Trump administration is weighing sweeping restrictions on Chinese drug imports.

Meanwhile, China’s latest inflation data offered little clarity on the economic outlook or the likelihood of additional policy support.

Among standout gainers, Eoptolink Technology jumped 13.4%, Zhongji Innolight climbed 14.3%, Foxconn Industrial rose 10%, Victory Giant surged 16.3% and Cambricon Technologies added 9%.



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