China Stocks Rally as Chip Sector Surges

2025-11-06 07:26 By Jam Kaimo Samonte 1 min. read

The Shanghai Composite rose 0.97% to close at 4,008 while the Shenzhen Component advanced 1.73% to 13,452 on Thursday, extending gains for a second session as chipmakers led the rally.

The gains came after Chinese authorities directed that new data center projects receiving state funding must exclusively use domestically produced AI chips, reinforcing the country’s push for tech self-sufficiency.

Leading chip-related gainers included Cambricon Technologies (9.8%), Zhongji Innolight (4.2%), Zhejiang Sanhua (8%), Victory Giant (6%), and Eoptolink Technology (3.1%).

Investors also awaited China’s October trade and inflation reports later this week for clues on economic momentum.

Meanwhile, Premier Li Qiang reiterated this week that China’s economy is on track to exceed CNY 170 trillion within five years and pledged to further open the consumer market to global companies following the recent trade deal with the US.



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