Chinese equities advanced on Tuesday, led by a sharp rebound in artificial intelligence and semiconductor stocks after a recent selloff, while Hong Kong markets traded lower despite strength in select technology names. According to Reuters, renewed optimism over China's AI sector and a broader global technology rally helped lift mainland shares.
The Shanghai Composite Index rose 0.2% to 3,815.59 by the midday break, while the blue-chip CSI 300 Index gained 0.9%.