Beijing, January 12 (China News Service reporter Chen Kangliang) -- Chinese A-shares rose sharply on Monday, with all major indices closing in positive territory. The Shanghai Composite Index opened higher and continued to climb throughout the day, closing at a new ten-year high.
By the close of trading that day, the Shanghai Composite Index stood at 4165 points, up 1.09%; the Shenzhen Component Index closed at 14366 points, up 1.75%; and the ChiNext Index closed at 3388 points, up 1.82%. The total trading volume of the Shanghai and Shenzhen stock exchanges that day was approximately 3.6015 trillion yuan (RMB), an increase of approximately 478.7 billion yuan compared to the previous trading day; this was also the largest single-day trading volume in the history of the Shanghai and Shenzhen stock exchanges.
In terms of sectors, those related to artificial intelligence (AI) applications saw a collective surge, with individual stocks hitting their daily limit. According to statistics from financial data service provider Eastmoney, sectors such as Kimi concept, AI corpus, Sora concept, and Zhipu AI led the gains. Among them, the Kimi concept sector recorded an 11.64% increase on the day, with multiple stocks including Hand Enterprise Solutions, Yidian Tianxia, Zhidemai, and Runze Technology hitting their daily limit (an increase of approximately 20%).
Huaxin Securities analyst Zhu Zhu stated that 2026 will be the "golden year" for AI applications, primarily due to three inflection points: First, the technology is gradually maturing; by 2025, large-scale models such as Alibaba's "Tongyi Qianwen" will possess strong tool invocation, multimodal understanding, and autonomous planning capabilities. Second, policy support continues; the Chinese government has proposed to deeply implement the "Artificial Intelligence+" action plan to promote commercial applications. Third, market demand is resonating; AI applications are not only driving cost reduction and efficiency improvement in enterprise services but are also gradually becoming more widespread in personal consumption. (End)
