Chinese equities traded lower on Thursday, weighed down by continued selling in artificial intelligence and semiconductor stocks as investors rotated away from high-valued technology names. According to Reuters, defensive sectors such as banking, rare earths, and gold-related stocks helped cushion the broader market's decline.
At the midday break, the Shanghai Composite Index was down 0.2% at 3,859.69, while the blue-chip CSI300 Index also slipped 0.2%.
