--- title: "China Stocks Rise on Resources Boost" type: "News" locale: "en" url: "https://longbridge.com/en/news/273950310.md" description: "The Shanghai Composite rose 0.27% to 4,151, and the Shenzhen Component increased by 0.09% to 14,342, driven by a surge in mining stocks due to higher metals prices. Gold and silver reached record highs, and copper rebounded as the dollar weakened. Notable stock gains included Zijin Mining and China Northern Rare Earth (4.2%), and CMOC Group, Hunan Silver Co, and Tonglin Nonferrous Metals (around 10%). Additionally, China approved imports of Nvidia H200 AI chips, boosting AI-related stocks like Zhongji Innolight (2%) and Giga Device Semiconductor (5.3%)." datetime: "2026-01-28T07:31:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/273950310.md) - [en](https://longbridge.com/en/news/273950310.md) - [zh-HK](https://longbridge.com/zh-HK/news/273950310.md) --- # China Stocks Rise on Resources Boost The Shanghai Composite rose 0.27% to close at 4,151, while the Shenzhen Component added 0.09% to 14,342 on Wednesday, extending gains from the previous session as mining stocks surged on stronger metals prices. Gold and silver hit fresh record highs, while copper rebounded as the dollar weakened to four-year lows, driving investor demand for safe-haven metals. Among individual stocks, Zijin Mining and China Northern Rare Earth both jumped about 4.2%, while CMOC Group, Hunan Silver Co and Tonglin Nonferrous Metals each gained roughly 10%. In other news, China approved its first batch of Nvidia H200 artificial intelligence chips for import, reflecting efforts to balance AI demand with support for domestic production. AI-related stocks also rose, including Zhongji Innolight (2%), Suzhou TFC Optical (4.5%) and Giga Device Semiconductor (5.3%). ### Related Stocks - [600547.CN](https://longbridge.com/en/quote/600547.CN.md) - [159608.CN](https://longbridge.com/en/quote/159608.CN.md) - [516650.CN](https://longbridge.com/en/quote/516650.CN.md) - [159871.CN](https://longbridge.com/en/quote/159871.CN.md) - [561330.CN](https://longbridge.com/en/quote/561330.CN.md) - [510170.CN](https://longbridge.com/en/quote/510170.CN.md) - [512400.CN](https://longbridge.com/en/quote/512400.CN.md) - [159880.CN](https://longbridge.com/en/quote/159880.CN.md) - [518850.CN](https://longbridge.com/en/quote/518850.CN.md) - [000630.CN](https://longbridge.com/en/quote/000630.CN.md) - [159562.CN](https://longbridge.com/en/quote/159562.CN.md) ## Related News & Research - [BREAKINGVIEWS-China's outbound M&A spree has staying power](https://longbridge.com/en/news/286850954.md) - [METALS-Nickel extends gains after Indonesia says it plans to centralise commodity exports](https://longbridge.com/en/news/287027198.md) - [JPMorgan lowers 2026 gold forecast, still sees rally towards $6,000 on renewed demand](https://longbridge.com/en/news/286715908.md) - [$1000 Invested In SPDR Gold MiniShares Trust 5 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/286819467.md) - [13:35 ETThe global underground mining market, which is slated to reach $28.5 billion by 2033, growing at a CAGR of 2.1% | Allied Market Research](https://longbridge.com/en/news/286449758.md)