Jan 12, 2026, 11:24 GMT+7
Reuters - China stocks climbed to a decade-high on Monday, led by artificial intelligence and commercial space shares as investors cheered a strong start to the year for onshore markets. Hong Kong shares also advanced.
** China's blue-chip CSI300 Indexclimbed 0.4% by the lunch break, while the Shanghai Composite Indexgained 0.8%, hitting its highest level since July 2015 after last week's 3.8% surge -- its best weekly performance in 14 months.
** Hong Kong benchmark Hang Sengwas up 0.9%.
** Shares in China's commercial space sector extended gains, with China Spacesathitting the 10% daily limit to a record high. The rally followed an International Telecommunication Union (ITU) filing showing that China applied, between December 25 and December 31, 2025, for frequency and orbital resources for 203,000 satellites across 14 constellations.
** China's CSI Cloud Computing and Big Data Index was up 6.8%, while the AI sharesjumped nearly 4%. Tech majors traded in Hong Kongwere up 2.1%.
** China can narrow its technological gap with the U.S. driven by growing risk-taking and innovation, though the lack of advanced chipmaking tools is hobbling the sector, the country's leading AI researchers said on Saturday.
** The CSI Rare Earth Indexrose 3% after a senior U.S. official said Treasury Secretary Scott Bessent will urge Group of Seven nations and others to step up their efforts to reduce reliance on critical minerals from China when he hosts a dozen top finance officials on Monday.
** The CSI Defence Indexrose 5% to near its four-year high.
** Auto shares traded onshore and offshore were roughly flat as China's car sales are expected to be flat this year, extending a downtrend, a Chinese industry association said.

Sumber : Reuters