China, HK stocks gain as AI enthusiasm broadens to farming, biotech sectors
Monday, July 06, 2026       12:00 WIB

Jul 6, 2026, 11:41 GMT+7
Reuters -China and Hong Kong stocks rose on Monday as signs emerged that investor enthusiasm for artificial intelligence was broadening to other sectors, including agriculture and biotechnology.
** The blue-chip CSI300 Indexgained 0.3% by the midday break, while the Shanghai Composite Indexedged 0.1% higher.
** In Hong Kong, benchmark index Hang Sengclimbed 0.7%.
** Market sentiment received a boost from fresh regulatory measures aimed at supporting listed companies.
** The China Securities Regulatory Commission on Friday proposed rule changes designed to make it easier for listed firms to refinance.
** Separately, new share trading rules took effect on Monday, introducing market-making mechanisms to Shenzhen's ChinNext market and improving arrangements for block trades.
** "Liquidity remains ample, creating conditions for fresh capital inflows," Minsheng Royald Fund Management Co said in a note. "We remain optimistic on Chinese equities."
** Orient Securities said that risk appetite, previously high-concentrated in AI, is broadening into certain cyclical sectors as well as high-end manufacturing.
** Energy, chip-making and agriculture stocks led the gains in China stocks.
** Cyclical sectors including coal , banking and materialsalso advanced.
** In Hong Kong, investors cheered signs that the city's private sector gained momentum, as the S&P Global Hong Kong PMI increased to 52 in June from 50.4 in May.
** Biotech (.HSIDI), Internet and techshares led the gains.

Sumber : Reuters