Reported 26 days ago
Chinese stocks in Hong Kong are nearing their October highs, fueled by a rising excitement surrounding the country's artificial intelligence advancements. The Hang Seng China Enterprises Index rose by up to 2.7% on Friday, supported by major tech players like Xiaomi, Tencent, and Meituan. Investors are becoming increasingly optimistic about China's market prospects, after witnessing the capabilities of AI startups like DeepSeek. Despite market volatility in the past, there is a growing belief that a more sustained rally is possible, especially with potential new stimulus measures expected from Beijing.
Source: YAHOO