China Equities Set for Robust Monthly Finish as AI, Chip Names Drive Gains
Mainland shares advanced for a second straight session on Friday, putting Chinese markets on course for a strong monthly close. The Shanghai Composite added 0.4% to about 3,860, while the Shenzhen Component rose 0.5% to 12,630.
Investors cited a friendlier US–China trade tone, rising expectations of fresh policy support, and ongoing tailwinds from fund inflows, expanding retail participation, and margin financing. Tech leadership returned to the fore, with artificial intelligence and semiconductor counters drawing renewed interest even as concerns over underlying fundamentals linger.
Notable movers included China Northern Rare Earth and Victory Giant (both +2.5%), Dosilicon (+16.4%), Shanghai Stonehill (+4.8%), and Suzhou TFC (+6.8%). By contrast, Cambricon Technologies fell 6.4%, snapping a record rally after the AI chipmaker reported a swing to first-half profit.
Source: Newsmaker.id