The Shanghai Composite added 0.15% to around 3,860 while the Shenzhen Component advanced 1.2% to 13,515 on Thursday, with mainland equities rising for a second session on strength in high-growth technology shares. China’s ongoing drive in artificial intelligence lifted sentiment, with Alibaba announcing plans to launch its first data centers in Brazil, France and the Netherlands to accelerate its global AI expansion. Optimism was also supported by signs of easing US-China trade tensions, though US Ambassador to China David Perdue indicated that a long-awaited meeting between President Donald Trump and President Xi Jinping is more likely next year than this fall. Major gainers included Eoptolink Technology (6.3%), Zhongji Innolight (2.3%), IEIT Systems (10%), Contemporary Amperex (3.5%) and Sungrow Power (1.9%).

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