China Stocks Rebound on AI Gains; China Telecom Falls 3%
Wednesday, January 21, 2026       14:57 WIB

Published on 01/21/2026 at 02:29 am EST
(MT Newswires) -- Chinese stocks inched up marginally on Wednesday, led by an increase in artificial intelligence and semiconductor stocks.
The Shanghai Composite Index, the main gauge of Chinese stocks, gained nearly 0.1% or 3.29 points to 4,116.94. The Shenzhen Component Index rose 0.7% or by 99.50 points to 14,255.13.
China's CSI All Share Semiconductors & Semiconductor Equipment Index gained 3.4%, while the CSI Artificial Intelligence Index increased 2%.
NVIDIA CEO Jensen Huang also expressed his intent to visit China in late January to reopen a market for artificial intelligence chips ahead of the Chinese New Year holidays, Bloomberg reported Wednesday, citing a person familiar with the matter.
Huang is also expected to travel to Beijing, but it is not yet clear whether he will speak with senior Chinese government leaders, the report said.
Meanwhile, China Telecom' Shanghai stock fell 3% at the close of trading on Wednesday. The state-owned telco rolled out its artificial intelligence models built with its Mixture-of-Experts architecture using Huawei's Ascend 910B advanced chips and open-source deep learning AI framework MindSpore.
Hangzhou Hikvision Digital Technology's shares closed 5% higher after posting an 18% rise in attributable profit in 2025.

Sumber : MT Newswires