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.



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