The Shanghai Composite rose 0.27% to close at 4,151, while the Shenzhen Component added 0.09% to 14,342 on Wednesday, extending gains from the previous session as mining stocks surged on stronger metals prices. Gold and silver hit fresh record highs, while copper rebounded as the dollar weakened to four-year lows, driving investor demand for safe-haven metals. Among individual stocks, Zijin Mining and China Northern Rare Earth both jumped about 4.2%, while CMOC Group, Hunan Silver Co and Tonglin Nonferrous Metals each gained roughly 10%. In other news, China approved its first batch of Nvidia H200 artificial intelligence chips for import, reflecting efforts to balance AI demand with support for domestic production. AI-related stocks also rose, including Zhongji Innolight (2%), Suzhou TFC Optical (4.5%) and Giga Device Semiconductor (5.3%).
