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China Tech Stocks Gain on AI Boost

The Shanghai Composite slipped 0.2% to around 3,820 while the tech-heavy Shenzhen Component surged 1.3% to 13,380 on Monday, with the latter moving back toward multi-year highs as China’s drive for artificial intelligence continued to attract global investors. Data showed global hedge funds have been the most active on mainland markets in recent years, with the latest rally and progress in high-tech industries drawing strong interest. On the economic front, industrial profits rose 0.9% YoY to CNY 4.69 trillion in the first eight months of 2025, rebounding from a 1.7% drop in the January–July period. Investors now await official and private PMI reports for further clues on the economy. Among individual names, notable gains came from Zhongji Innolight (2.5%), Eoptolink Technology (4%), Shenzhen H&T Intelligent (4.6%), Sungrow Power (7%) and Contemporary Amperex (3.6%).

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