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Chinese indices climb on AI rally
Chinese stocks rose during Tuesday’s trading session, with the semiconductors and artificial intelligence sectors experiencing a strong rebound and regaining their strength after previous declines. The "Chai Next" index jumped by 5.7%, and the "Star 50" index increased by 4.1%. Additionally, boundary sector indices such as the "CSI" Artificial Intelligence index rose by 5.9%, and the Semiconductor index by 4.9%. Data from Artificial Analysis indicated that the AI model developed by DeepSec leads globally with the lowest operating costs compared to competitors, which boosted stock performance. The main "Shanghai Composite" index increased by 0.35%, while the "CSI 300" and "Shenzhen Composite" indices rose by 1.25% and 2.75%, respectively. The "Hang Seng" Index finished at 25,852 points, up by 0.60%.
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