From MarketScreener:

China stocks rose as AI firms soared, influenced by American AI boom, ahead of Beijing’s parliamentary meeting. CSI 300 Index up 1.2%, Shanghai Composite up 1.3%. Hong Kong’s Hang Seng Index rose 0.9%. Asian shares slipped but AI companies surged 5.2%. Foreign investors bought $1.70 billion of Chinese shares. Market awaits China’s upcoming policy signals as parliament meeting approaches on March 5.



Read more at MarketScreener: China stocks rise, led by AI firms; investors await policy moves -February 27, 2024 at 03:51 am EST