<div id="readability-page-1" class="page"><div> China stocks ended slightly higher on Thursday, supported by optimism over artificial intelligence after Chinese Premier Li Qiang called for broader technological innovation and AI adoption, while tech shares weighed on Hong Kong markets. ** China's blue-chip CSI300 Index &lt;.CSI300&gt; and the Shanghai Composite Index both closed up 0.1%. Hong Kong's benchmark Hang Seng was down nearly 1%.** Onshore artificial intelligence stocks climbed roughly 2% after Li, China's second-ranking official, said on Wednesday that the country should better coordinate power and computing resources to advance AI.** Market sentiment was also supported by news that Chinese AI start-up Zhipu AI released its latest AI model, with ByteDance also developing an AI chip.** Shares of Zhipu AI jumped nearly 30% to a fresh high since its market debut on January 8.** However, tech majors traded in Hong Kong fell nearly 1.7%, dragging performance offshore.** Global tech shares tumbled last week on fears of AI-driven disruption, sparking a broad selloff that left the Nasdaq down nearly 2%. ** Hong Kong's tech shares have underperformed since late last year, but analysts at CMS Securities said the slide reflected a sharp liquidity shock rather than a shift in fundamentals. With the peak of overseas liquidity stress seen as having passed, they viewed buying the dip as a viable strategy.** Most of China's 33 stocks, which are to be added to the MSCI China A Index series, climbed on expectations of fresh money inflows.** Shares of Chinese chipmaker Wingtech slumped 4.7% to a nearly six-month low after a Dutch court ordered a probe into alleged mismanagement at its unit Nexperia.** China Vanke's Hong Kong shares jumped as much as 8% after media reported Shenzhen government drafted an 80-billion-yuan rescue package for the developer. ** Auto shares traded onshore and offshore both edged up after China released guidelines for the industry, aimed at regulating pricing behaviour, curbing price wars.</div></div>

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China stocks closed slightly higher, buoyed by AI optimism after Premier Li Qiang's call for technological innovation. The CSI300 and Shanghai Composite Index rose 0.1%, while Hong Kong's Hang Seng fell nearly 1% due to tech sector declines. AI stocks surged 2% following the launch of Zhipu AI's new model, with its shares jumping nearly 30%. Analysts suggest buying the dip in Hong Kong tech shares, despite recent underperformance. Meanwhile, China Vanke's shares rose 8% on a rescue package report, while Wingtech's shares fell 4.7% amid a court probe.

China stocks close higher on AI optimism, HK down on tech drag