China Stocks Rise on Tech Boost
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Chinese stocks rose as technology shares rebounded, with the Shanghai Composite up 0.1% and Shenzhen Component up 0.7%. Notable gains included Eoptolink Technology (+3.8%) and Shenzhen Envicool (+8.8%). MetaX Integrated Circuits Shanghai surged over 500% on its IPO debut. Goldman Sachs analysts project a 30% gain in Chinese equities by 2027, driven by pro-market policies and rising profits.
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