Chinese equities extended a broad-based rally, with CSI300 up 1.9% and ChiNext surging over 4%, while FTSE China A50 futures rose more than 2%. Gains were driven by improving macro sentiment as CPI/PPI data pointed to early reflation, alongside abundant liquidity conditions in money markets. Policy support also lifted battery and semiconductor sectors after Beijing signaled tighter control over excessive competition. Meanwhile, Hong Kong-listed tech and AI stocks outperformed on continued AI commercialization momentum, reinforcing sentiment across China-related growth assets.(金十数据)