China Stocks Rise on AI Optimism

2026-02-12 03:00 By Jam Kaimo Samonte 1 min. read

The Shanghai Composite edged up 0.05% to close at 4,134, while the Shenzhen Component climbed 0.86% to 14,283 on Thursday, as mainland equities extended this week’s gains, led by technology and artificial intelligence firms.

The momentum followed Chinese Premier Li Qiang’s call on Wednesday for a comprehensive push in technological innovation and AI applications, urging breakthroughs across the entire AI industry chain to unlock the sector’s potential.

AI start-up Zhipu AI surged more than 28% after unveiling its latest AI model.

Other notable gainers included Suzhou TFC Optical (+14.4%), Wangsu Science & Technology (+8.2%), Leo Group (+10.1%) and BlueFocus Intelligent (+6.6%).

Separately, reports indicate that ByteDance is developing its own AI chip, adding to optimism around the country’s growing AI ecosystem.



News Stream
China Stocks Fall on Weak Global Sentiment
The Shanghai Composite slipped 0.3% to around 4,120, while the Shenzhen Component declined 0.6% to 14,200 on Friday, reversing gains from the previous session as a global stock selloff pressured local markets. Investor sentiment was weighed down by concerns over AI’s impact on sectors such as logistics, commercial real estate, and finance. Tech stocks led losses in China, with Suzhou TFC down 5%, BlueFocus Intelligent off 2.1%, and Beijing Jetsen Technology plunging 11%. Mining stocks also fell on weaker metals prices, including Zijin Mining (-3%) and China Northern Rare Earth (-3.3%). On the policy front, Premier Li Qiang on Wednesday called for a comprehensive push in technological innovation and AI applications, urging breakthroughs across the AI industry chain to unlock sector potential. On the economic side, new home prices in China fell at their fastest pace in seven months in January, reflecting a deepening property sector crisis.
2026-02-13
The Shangai Composite Index Closes 0.05% Higher
The Shangai Composite Index gained 2 points or 0.05 percent on Thursday to close at 4134 points. Gains were led by Avic Aviation Engine (5.91%), NARI Technology (2.87%) and China Railway (2.55%). Biggest losers were China Eastern Airlin (-3.39%), China CITIC Bank (-3.01%) and China International (-2.81%).
2026-02-12
China Stocks Rise on AI Optimism
The Shanghai Composite edged up 0.05% to close at 4,134, while the Shenzhen Component climbed 0.86% to 14,283 on Thursday, as mainland equities extended this week’s gains, led by technology and artificial intelligence firms. The momentum followed Chinese Premier Li Qiang’s call on Wednesday for a comprehensive push in technological innovation and AI applications, urging breakthroughs across the entire AI industry chain to unlock the sector’s potential. AI start-up Zhipu AI surged more than 28% after unveiling its latest AI model. Other notable gainers included Suzhou TFC Optical (+14.4%), Wangsu Science & Technology (+8.2%), Leo Group (+10.1%) and BlueFocus Intelligent (+6.6%). Separately, reports indicate that ByteDance is developing its own AI chip, adding to optimism around the country’s growing AI ecosystem.
2026-02-12