Chinese Stock Market Sees Mixed Results with AI Healthcare and Robotics Leading Gains

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Beijing: Chinese stocks closed mixed on Thursday, with the benchmark Shanghai Composite Index slightly declining by 0.02 percent to settle at 3,350.78 points, while the Shenzhen Component Index experienced a rise of 0.2 percent, closing at 10,794.55 points.

According to Namibia Press Agency, the combined turnover of the stock market was approximately 1.79 trillion yuan (equivalent to 250 billion U.S. dollars), marking an increase from the previous trading day’s turnover of 1.72 trillion yuan. The day’s trading saw gains led by companies in the AI healthcare and robotics sectors, in contrast to significant losses observed in the gaming, insurance, and shipbuilding sectors.

Meanwhile, the ChiNext Index, which monitors China’s Nasdaq-style board of growth enterprises, recorded a slight decline of 0.06 percent, closing at 2,225.58 points on Thursday.