China’s mainland stocks advanced on Thursday, led by optical communications and technology companies, as strong forecasts from U.S. artificial intelligence firms reinforced expectations for robust demand for AI hardware and computing infrastructure. Hong Kong equities remained largely subdued, Reuters reported.
The blue-chip CSI300 index gained 0.5% by the lunch break, while the Shanghai Composite Index rose 0.4%. In Hong Kong, the Hang Seng Index was up 0.1%.