China Stocks Rise as Tech, Miners Rebound
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China's stock market saw a rebound on Monday, with the Shanghai Composite rising 1% to over 4,100 and the Shenzhen Component gaining 1.8% to 14,160. Technology and mining stocks led the recovery, with notable gains from Suzhou TFC Optical (15%) and Zijin Mining (2.6%). Montage Technology's shares surged over 50% in their Hong Kong debut after raising $902 million. This recovery follows a week of pressure on tech shares due to concerns over AI spending and its impact on traditional software models.
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