HONG KONG: Chinese and Hong Kong stocks were broadly higher on Monday as optimism around artificial intelligence startup DeepSeek continued to lift tech stocks, while better-than-expected inflation data buoyed sentiment. The Shanghai Composite Index gained 0.3% to 3,313.75 points by the midday break, adding to the 1.6% advance in the previous week.

The Hang Seng Tech Index, which tracks the 30 largest technology companies listed in the city, rose as much as 2.9% on Friday, reflecting a rise of more than 20% from its January low.

Asian Shares Mixed as DeepSeek Lifts Chinese Tech Stocks HONG KONG (AP) — Asian shares Friday were mixed, with Chinese technology stocks rising as most other Asian equities declined. Japan’s benchmark Nikkei 225 dipped nearly 0.