China tech shares gain as trade talks return to focus

Fidelity China Special Situations

Chinese stocks rose on Wednesday as technology shares strengthened and markets focused on renewed US-China trade discussions.

The Shanghai Composite gained 0.71 per cent to 3,891.6, while the Shenzhen Component rose 1.26 per cent to 13,454.7. The CSI 300 added 0.7 per cent, ending four consecutive sessions of declines.

Technology stocks led the move. The ChiNext Composite advanced 1.96 per cent and the Star 50 index climbed 4.1 per cent. Cambricon Technologies rose 5.60 per cent, SMIC gained 5.26 per cent, Zhongji Innolight advanced 3.53 per cent and NAURA Technology added 2.17 per cent.

Trade talks provided another area of focus. US Treasury Secretary Scott Bessent said he would meet Chinese Vice Premier He Lifeng over the weekend. The talks are expected to take place ahead of a planned meeting between Chinese President Xi Jinping and US President Donald Trump the following week.

Fidelity China Special Situations PLC (LON:FCSS), the UK’s largest China Investment Trust, capitalises on Fidelity’s extensive, locally-based analyst team to find attractive opportunities in a market too big to ignore.

Share on:
Find more news, interviews, share price & company profile here for:

Latest Company News

China equities gain as stronger economic data lifts sentiment

Chinese shares closed higher after GDP growth reached 4.5% in the third quarter, beating forecasts. Stronger retail sales and exports supported sentiment, although falling property investment and weakness in technology stocks highlighted continuing economic risks.

China stocks recover as AI buybacks and earnings forecasts support sentiment

China's equities rebounded from 14-month lows as AI-related companies announced share buybacks and stronger profit forecasts, although the market still recorded its worst weekly performance in three months.

China’s exports strengthen as investors assess growth opportunities

China’s exports grew at their fastest pace since early 2021 as companies expand overseas and investors assess equity valuations, profitability and domestic economic conditions.

Hong Kong stocks gain as technology and pharmaceutical shares lead the market

Hong Kong shares rise as technology and pharmaceutical stocks lead gains, while property developers remain under pressure.

Fidelity China sees stronger outlook as ByteDance and Lenovo advance (LON: FCSS)

Fidelity China Special Situations reported a 12.3% decline in NAV over the 12 months to 31 August 2026, while the manager highlighted opportunities from technology investment, structural reforms and measures to support Chinese demand.

China stocks rise as Beijing signals stronger policy support

Chinese stocks edged higher after Beijing pledged stronger economic support, with property shares leading gains as investors assessed new measures to support growth.

Search