Chinese stocks close to 3-1/2 year highs with AI optimism – TradingView News

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China's stocks fell on Friday, but were on track to finish a week near its highest level in 3-1/2 years as investors' sentiment remained bright in growing confidence in the country's potential for artificial intelligence.

**Chinese Blue Chip CSI300 Index 3399300 The combined index for Shanghai fell by 0.4% during lunch break 000001 Lost 0.2%. Hong Kong benchmark hangsen HSI A decrease of 0.7%.

** The CSI300 index rose nearly 2% this week, reaching its highest point since February 2022. The Hangsen index slipped almost 1%, but is approaching its strongest level since July 2021.

** Trust in China's AI capabilities continued to be strengthened this week, promoting profits in the domestic market. Tech Giant Alibaba Stocks Baba It has skyrocketed to a four-year high as the company continues to prioritize AI as a central focus along with traditional e-commerce businesses.

**Sharing of land artificial intelligence 9930713 This week, after a surge of nearly 70% since the start of the year, we climbed over 4% this week.

**Stocks listed in Hong Kong have historically outperformed during the US rate-cut cycle, but UBS analysts maintained their so-called A-share prioritization, citing potentially strong support from domestic retail inflows to foreign institutional participation. When it comes to sectors, they prefer AI-related themes, brokers and high-ration stocks.

**Technology majors listed in Hong Kong hhstech This week it was pretty flat.

**Real estate stocks 000952 It rose by 3% after state media reported that several emerging first-tier cities were studying new policy measures in the real estate market.

**The innovative drug index (.HSSSHID) listed in Hong Kong fell by 3% after US President Donald Trump threatened 100% tariffs on branded drug imports since October 1.



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