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The Nexus
BUSINESSJun 1 · 09:00 UTCSCMP WORLDZhang Shidong

China index reshuffle to entrench tech trades and boost AI rally: brokerages

A semi-annual reshuffle of China’s yuan-denominated stock indices will increase the representation of technology companies, projected to drive $3.1 billion in inflows into tech hardware and semiconductor sectors, according to Goldman Sachs and domestic brokerages like Guosen Securities.

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Goldman SachsorganizationGuosen SecuritiesorganizationChinaplacetechnology companiestopictech hardwaretopicsemiconductor makerstopic
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