The Shanghai Composite dropped 1.26% to close at 4,082, while the Shenzhen Component declined 1.28% to 14,100 on Friday, paring gains from earlier in the week as investors positioned ahead of the week-long Lunar New Year holiday, with mainland markets closed from Feb. 16 to 23.
Chinese equities mirrored weakness in global markets amid persistent concerns over the sustainability of elevated AI spending and the risk of disruption to certain sectors.
Meanwhile, Premier Li Qiang on Wednesday called for a comprehensive push in technological innovation and AI applications, urging breakthroughs across the AI industry chain to unlock the sector's potential.
Tech, clean energy, and mining shares led the decline, including BlueFocus Intelligent (-5.8%), Contemporary Amperex (-2.8%), and Zijin Mining (-5%).
Elsewhere, investors are looking ahead to a planned April meeting between President Xi Jinping and President Donald Trump, which could carry implications for bilateral economic relations.

Sumber : Trading Economics