Chinese A-Shares Rally on AI Breakthrough, Defying US Restrictions
Fueled by the surprising success of Chinese AI startup DeepSeek, Chinese A shares surged for a second consecutive day on Friday, with the Shanghai Composite Index closing above 3,300 points for the first time this year and market turnover hitting a recent high of 2 trillion yuan.
Chinese A-Shares Rally on AI Breakthrough, Defying US Restrictions
Fueled by the surprising success of Chinese AI startup DeepSeek, Chinese A shares surged for a second consecutive day on Friday, with the Shanghai Composite Index closing above 3,300 points for the first time this year and market turnover hitting a recent high of 2 trillion yuan.
Progress
48% Bias Score
Chinese A-Shares Surge on AI Breakthrough, Exceeding 3300 Points
Fueled by the success of Chinese AI startup DeepSeek, Chinese A shares surged for two consecutive days, reaching a 2024 high above 3300 points on Friday with record turnover of 2 trillion yuan, exceeding prior market expectations and reflecting a reevaluation of China's tech sector.
Chinese A-Shares Surge on AI Breakthrough, Exceeding 3300 Points
Fueled by the success of Chinese AI startup DeepSeek, Chinese A shares surged for two consecutive days, reaching a 2024 high above 3300 points on Friday with record turnover of 2 trillion yuan, exceeding prior market expectations and reflecting a reevaluation of China's tech sector.
Progress
48% Bias Score