The Shanghai Composite rose 1% to above 4,100, while the Shenzhen Component gained 1.8% to 14,160 on Monday, recovering last week’s losses as dip buyers stepped in, with technology and mining stocks leading the rebound. Last week, tech shares had come under pressure amid concerns over heavy AI spending and potential disruption to traditional software business models. Top tech gainers on Monday included Suzhou TFC Optical (15%), Eoptolink Technology (5.5%), Zhongji Innolight (3.3%), Cambricon Technologies (5.2%) and Wangsu Science (4.6%). Resource-related firms also advanced as precious metals rebounded, with Zijin Mining up 2.6%, China Northern Rare Earth 4.1%, and Hunan Silver 6.5%. In corporate news, Montage Technology shares surged more than 50% in their Hong Kong debut following a share sale that raised $902 million.
