The Shanghai Composite jumped 1.5% to close at 4,084 while the Shenzhen Component climbed 1.4% to 14,022 on Tuesday, with mainland stocks hitting fresh multi-year highs driven by strong investor appetite for artificial intelligence and related technologies. Sentiment was further supported by growing optimism over China’s economic recovery, underpinned by policy support and ample liquidity from Beijing, including measures aimed at stabilizing the struggling property sector. Chinese shares also tracked a broader global rally as investors set aside geopolitical concerns following the US attack on Venezuela over the weekend. Technology stocks led the advance, including East Money Information (5.7%), Zhejiang Sanhua (1%), Leo Group (6.9%), Victory Giant (1.5%) and Giga Device Semiconductor (6.4%). Defense-related names also posted solid gains, including China Spacesat up 7.6% and Addsino Co higher by 3%.
