{"id":533,"date":"2026-05-11T06:50:26","date_gmt":"2026-05-11T06:50:26","guid":{"rendered":"https:\/\/dailypakistannews.com\/?p=533"},"modified":"2026-05-11T06:50:26","modified_gmt":"2026-05-11T06:50:26","slug":"china-stocks-hit-11-year-high-on-ai-optimism-exports-rebound","status":"publish","type":"post","link":"https:\/\/dailypakistannews.com\/?p=533","title":{"rendered":"China stocks hit 11-year high on AI optimism, exports rebound"},"content":{"rendered":"<p><strong>HONG KONG: <a href=\"https:\/\/www.brecorder.com\/news\/40420305\">Chinese stocks<\/a> hit a near 11-year high on Monday, supercharged by a strong tech rally driven by renewed AI optimism and export strength.<\/strong><\/p>\n<p>At the midday break, the benchmark Shanghai Composite index was up 0.9% at 4,219.13, after touching its highest level since July 1, 2015, in earlier trade.<\/p>\n<p>The blue-chip CSI 300 Index was up 1.4%, its highest in more than\u00a0 4 years.<\/p>\n<p>In Hong Kong, the Hang Seng Index was down 0.3% at 26,318.37.<\/p>\n<p>Tech shares powered the markets higher, buoyed by a broader regional rally as optimism about AI grew.<\/p>\n<p>The CSI Semiconductor Index surged 7.3% to a record. The CSI AI Index climbed 3% and the info tech sector index surged 4.8%, also touching all-time highs.<\/p>\n<p>The tech-focused Star Index was up 5.3%, while ChiNext Index added 3%.<\/p>\n<p>China\u2019s export growth rebounded strongly in April as factories raced to meet a wave of orders from AI-related industries and other buyers seeking to stockpile components amid the Iran conflicts.<\/p>\n<p>Meanwhile, the country\u2019s producer price index (PPI) surpassed expectations in April to hit a 45-month high, while consumer inflation also accelerated as global energy costs remained elevated, data released on Monday showed.<\/p>\n<p>\u201cGrowing global AI computing demand will continue lifting semiconductor-related exports going forward,\u201d with China\u2019s manufacturing cost advantage becoming more pronounced, analysts at CITIC Securities wrote in a note.<\/p>\n<p>Elsewhere, investors are also watching the upcoming meeting between U.S. President Donald Trump and Chinese President Xi Jinping, where Iran, Taiwan, and artificial intelligence are set to be discussed.<\/p>\n<p>Amid escalating tensions across the world, this summit could be a step where the two dominant powers manage their rivalry, maintain the uneasy calm, and avoid a total breakdown in relations through high-level personal diplomacy, analysts at Nomura said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HONG KONG: Chinese stocks hit a near 11-year high on Monday, supercharged by a strong tech rally driven by renewed AI optimism and export strength. At the midday break, the benchmark Shanghai Composite index was up 0.9% at 4,219.13, after touching its highest level since July 1, 2015, in earlier trade. The blue-chip CSI 300 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":534,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-533","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan-news"],"_links":{"self":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts\/533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=533"}],"version-history":[{"count":0,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/posts\/533\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=\/wp\/v2\/media\/534"}],"wp:attachment":[{"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailypakistannews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}