China shares climb on AI optimism despite US drug restrictions

SHANGHAI, Sept 11 – China stocks advanced on Thursday, buoyed by technology shares, as investors remained bullish on artificial intelligence plays despite concerns over potential U.S. restrictions on Chinese innovative drugs.

** China’s blue-chip CSI300 Index was up 1.8% by the lunch break, while the Shanghai Composite Index gained 1.1%. Hong Kong’s benchmark Hang Seng index edged 0.3% lower.