Apr 27, 2026, 11:59 GMT+7
Reuters - China and Hong Kong stocks edged higher on Monday, led by technology shares, as data showing solid industrial profit growth and renewed AI enthusiasm lifted sentiment.
** At the midday break, the Shanghai Composite indexwas up 0.2% at 4,085.88 points. China's blue-chip CSI300 indexwas also up 0.2%.
** Technology stocks led gains, bolstered by renewed excitement about artificial intelligence spending that has lifted chip shares across the region.
** The Nasdaq-style Star 50 Indexrallied 3.5% to a three-month high. The CSI Semiconductor Index surged 5.5% to a three-month high and the CSI Info Tech Indexjumped 3.2%.
** In Hong Kong, the Hang Seng Indexwas up 0.2% at 26,016.21, and the Hang Seng Tech Index was up 1.3%.
** Profits at China's industrial firms grew at their quickest pace in half a year last month, adding to broader signs of an uneven economic recovery in the first quarter as policymakers brace for the impact of the Middle East war.
** However, stalled U.S.-Iran peace talks kept investor sentiment in check after U.S. President Donald Trump cancelled a trip to Islamabad by U.S. envoys for talks on the weekend.
** "Equity markets have gradually returned to pricing on fundamental despite recurring external geopolitical headwinds," analysts at Guotai Haitong Securities said in a note.
** Thematic rotation has picked up pace and risk appetite is on the mend, with a shift from overseas supply chains to domestic substitution remaining a key theme to watch, they said.
** Elsewhere, China's top leadership will hold the April Politburo meeting this week to discuss economic policies for the coming months.
** "We expect policymakers to express greater concerns about the global energy shock and rising geopolitical uncertainties," instead of additional easing measures," analysts at Goldman Sachs said in a note.

Sumber : Reuters