China Stocks Jump on Tech Boost

China stocks surged with the Shanghai Composite up 0.9% and Shenzhen Component rising 2.3%, driven by tech and AI stocks. Optimism for a Fed rate cut and improved Sino-US relations boosted sentiment. Key tech gainers included Zhongji Innolight, Eoptolink Technology, Foxconn Industrial, Zhejiang Sanhua, and BlueFocus Intelligent.

The three major A-share indices collectively closed higher, with the aerospace and military industry sector strengthening

36Kr learned that the three major A-share indices collectively closed higher, with the Shanghai Composite Index up 0.05%, the Shenzhen Component Index up 0.37%, and the ChiNext Index up 0.31%; the aerospace and military industry, internet, and cultural media sectors led the gains, with Aerospace Huanyu and ZHONGTIAN ROCKET hitting the daily limit, BlueFocus rising over 15%, and Zhuoyi Information rising over 12%; the lithium mining, oil and gas, and gas sectors saw the largest declines, with Dazhong Mining hitting the daily limit, Dazhong Public Utilities down over 6%, and Heshun Petroleum down over 5%

The A-share AI application sector continued its strong performance from last week, with Fushi Holdings hitting a 20cm2 consecutive limit-up. Previously, Jishi Media, 37 Interactive Entertainment, and IMS reached their daily limit, while 360 Security Technology Inc., Wensli, BlueFocus, and Fengzhushou also saw gains

BlueFocus released its performance for the first three quarters, with a net profit attributable to the parent company of 196 million yuan, an increase of 58.90%

BlueFocus released its Q3 2025 report, with operating revenue for the first three quarters amounting to 51.098 billion yuan, a year-on-year increase of 12.49%. The net profit attributable to shareholders of the listed company was 196 million yuan, a year-on-year increase of 58.90%; the net profit excluding non-recurring gains and losses was 227 million yuan, a year-on-year increase of 85.53%. The basic earnings per share were 0.0553 yuan

Hanshow Technology Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2025

Hanshow Technology Co., Ltd. reported its earnings for the nine months ending September 30, 2025. The company experienced a decline in sales, reporting CNY 2,809.06 million, down from CNY 3,157.5 million the previous year. Net income also fell to CNY 314.39 million from CNY 528.47 million year-over-year. Basic and diluted earnings per share from continuing operations decreased to CNY 0.7624, compared to CNY 1.3901 a year ago.