China Tech Stocks Jump 9.2% After Holiday as AI Shares Lead Rally

According to Bloomberg, Chinese tech stocks jumped as trading resumed after a holiday break, with the STAR 50 Index rising as much as 9.2% to a record high. The Shanghai Composite gained as much as 1.2%, while the ChiNext Index climbed 3.7%, driven by renewed interest in semiconductor and AI-related shares amid stronger April services PMI data.

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