The Shanghai Composite fell 0.2% to around 4,140 while the Shenzhen Component edged up 0.2% to 14,370 on Thursday, with mainland stocks showing mixed performances as mining shares retreated on profit-taking, while technology and consumer stocks mostly advanced. Among miners, Zijin Mining (-1.4%), CMOC Group (-3.7%), and Aluminum Corporation (-1.6%) led the sector decline, as investors booked profits following a rally fueled by soaring prices in gold, silver, copper, and other metals. Meanwhile, heavyweight tech and consumer stocks posted strong gains, supported by optimism around AI-related demand and expectations for fresh policy measures to boost consumption. Notable performers included BlueFocus Intelligent (+18%), Leo Group (+7.1%), and Kweichow Moutai (+3.1%). In other news, Goldman Sachs projects that Chinese equities could attract roughly $518 billion in new domestic capital this year, driven by strong corporate earnings and improving market sentiment.
