China Stocks Gain on AI and New Energy Rally
Chinese equities advanced on Wednesday, fueled by strong gains in artificial intelligence and new energy sectors. The Shanghai Composite Index rose 0.37% to close at 3,876, while the Shenzhen Component Index jumped 1.16% to 13,215—marking its highest level in three and a half years.
AI and New Energy Lead the Market
Technology and renewable energy stocks were the primary drivers of the rally. Investors continue to view these sectors as key growth engines for China’s long-term strategy of innovation and sustainability.
Among the top gainers were:
- East Money Information (+1.8%)
- Foxconn Industrial (+2.3%)
- Contemporary Amperex (CATL) (+6.7%)
- Zhejiang Sanhua (+6.8%)
- Wolong Electric (+8.7%)
Policy and Trade Optimism Support Sentiment
Investor sentiment was further lifted by:
- US-China Trade Talks: President Donald Trump and President Xi Jinping are scheduled to hold discussions on Friday to finalize terms of a potential TikTok-related deal.
- Domestic Policy Support: Beijing introduced new measures to stimulate services consumption, pledging openness in internet and cultural industries and encouraging international sports events.
Market Outlook
The combination of AI-driven innovation, renewable energy investment, and supportive policy measures continues to position China’s stock market as a focal point for both domestic and global investors. With major indices pushing higher, traders are watching closely to see if momentum carries into the next quarter.