China stocks rise on AI sentiment rebounding

Jan 21, 2026, 11:43 GMT+7
Reuters - China stocks rose on Wednesday, led by artificial-intelligence firms, as sentiment steadied after regulators cooled exuberance this month. Hong Kong shares declined.
** China's blue-chip CSI300 Indexclimbed 0.3% by the lunch break, while the Shanghai Composite Indexgained 0.2%. Hong Kong benchmark Hang Sengfell 0.2%.
** Onshore AI stocksrose 2.2% after three sessions of declines, while semiconductorsclimbed 2.9%.
** Non-ferrous metals advanced 1.7%.
** A UBS survey shows strong investor interest across metals-linked sectors in the first quarter, along with preference for basic materials, aerospace, semiconductors and related equipment.
** "At the same time, clients expressed concern over stretched valuations and the risk-reward profile of China A-share tech stocks after their sharp year-to-date rally," UBS analysts said.
** Over the past week, Shanghai and Shenzhen stock exchanges each took regulatory measures against hundreds of abnormal trading practices such as price pumping and false orders. The bourses also launched probes into several listed companies over allegedly misleading statements.
** The measures reflect regulators' intention to slow the pace of market gains.
** Analysts at AllianceBernstein said China's onshore shares securing a third straight annual gain in 2026 will hinge on earnings beginning to deliver on growth expectations.
** China Vanke's onshore sharesrose 2.3% after its bondholders agreed to defer receiving payment of 60% of the principal for a 1.1 billion yuan ($158 million) puttable bond by one year, a filing showed.

Sumber : Reuters