The Shanghai Composite rose 0.2% to around 4,130, while the Shenzhen Component inched up 0.05% to 14,215 on Tuesday, extending gains from the previous session as technology stocks rebounded for a second day. The move suggested easing concerns over heavy AI spending and potential disruption to software business models, which had triggered a global tech selloff last week. Tech shares led the advance, with notable performers including Eoptolink Technology (+2%), GCL System Integration (+4.2%), Cambricon Technologies (+2.4%) and Hygon Information (+5%). Clean energy and resource-related stocks also posted gains. In corporate news, COL Group surged 15% as media and AI-related firms rallied following ByteDance’s launch of a new AI video-generation model that exceeded market expectations.
