China stocks diverge as Xi's business outreach fuels tech surge

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China stocks diverge as Xi's business outreach fuels tech surge

SHANGHAI/HONG KONG -- Investors pumped more capital into Chinese tech stocks on Tuesday, boosting the Hong Kong market where many of the top companies

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The Hang Seng Tech index, which includes the shares of the country's major technology companies, rose 3.04% at the break of the session, having already accumulated an appreciation of around 30% this year, also due to optimism regarding the Chinese artificial intelligence (AI) sector, after the launch of the great DeepSeek language model. The best performers of the session were the electronic device and electric vehicle manufacturer Xiaomi (+5.87…