The Shanghai Composite rose 0.15% to around 3,875, while the Shenzhen Component gained 0.8% to 12,880 on Wednesday, marking a third straight session of gains as mainland stocks mirrored global markets amid growing bets on a US Federal Reserve rate cut next month. Expectations for a cut strengthened after the latest US data pointed to softening consumer spending, while reports suggested a dovish candidate is being considered for the next Fed chair. Technology stocks led the advance in China, with Eoptolink Technology up 6%, Zhongji Innolight 8%, Foxconn Industrial 2%, and both Zhejiang Sanhua and Luxshare Precision 1.8%. In corporate news, Alibaba reported stronger-than-expected 34% growth in its cloud business, which offset a sharp profit decline as the company ramped up spending on consumer subsidies and data centers to capitalize on the AI boom.

Octalas AI

الربح

الجميع يسارعون إلى خفض التكاليف. أما نحن، فنسرع نحو تحقيق الأرباح.

ابدأ البيع من خلال تقديم الخدمات

ابدأ الفترة التجريبية

مجانًا لمدة 14 يومًا · لا حاجة لبطاقة ائتمان