24 Oct 2025 | 3 Mins Read

China stocks surge on tech self-reliance initiative

Flipitmoney

Chinese stocks rose about 0.5% as key party meeting emphasized tech self-reliance and a US-China summit was confirmed. Tech-focused gauges like the ChiNext Index increased up to 2.2% and 3% on the STAR 50 Index. Gains were driven by confidence in China's ability to boost the tech industry and turn around tepid consumption.