Chinese stock markets close higher amid US tech earning stimulation: analyst

Chinese stocks closed higher on Friday, due to stimulation from the newly-released US technology earnings, said China Global Television Network (CGTN) analyst Timothy Pope.

The benchmark Shanghai Composite Index up 0.72 percent to 3,832.26 points.

The Shenzhen Component Index closed 2.21 percent higher at 13,578.93 points.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 3.06 percent to close at 3,343.96 points.

"The latest U.S. technology earnings have made Chinese AI stocks whipsaw over the past couple of sessions. Before we get into that, as far as the dust is settling, the Shanghai Composite added 0.7 percent today, the Shenzhen Component rose 2.2 percent and the ChiNext gained 3 percent. And those numbers just screamed technology rebound," Pope said.

"Yesterday's sell-off was absolutely brutal after we saw the results from Meta and other U.S. technology companies reviving concerns about the hyperscalers' enormous AI spending. The worry is that they may be investing too much, too quickly, without generating returns fast enough to justify that. That punished both ends of the market: it hit the U.S. technology giants because of the scale of their spending, and it hit their suppliers in China because it cast doubt on future demand. But then we got results from Azure -- Microsoft's cloud-computing division -- and the market grabbed at those like a lifebelt. Azure's revenue grew faster than expected, demand is still exceeding Microsoft's available computing capacity, and the company says its spending will continue. That is fantastic news for Chinese optical-transceiver companies, data equipment makers, semiconductor firms and memory-chip producers-basically the entire AI supply chain. And it is those shares currently underpinning gains on the Chinese mainland market," he said.

Chinese stock markets close higher amid US tech earning stimulation: analyst

As modern warfare evolves with cutting-edge technologies that extend the reach of the battlefield, soldiers of the Chinese People's Liberation Army (PLA) are undergoing rigorous training to hone their operational skills, integrating advanced equipment with irreplaceable human initiative to ensure mission success, according to a recent special production by China Media Group (CMG).

The second episode of the documentary series The Road to Victory, produced for the 99th anniversary of the PLA's founding, details how soldiers master high-tech equipment under volatile conditions to achieve precision strikes.

While cutting-edge algorithms and drones provide extended sight ranges, troops emphasize that volatile real-world scenarios require human reflexes that technology alone cannot replace.

"Imagine this: you lock onto a crawling bug with 20x zoom. It looks slow in real life, but appears extremely fast in the magnified frame. As soon as you center your sight on it, it swerves away, and you lose track when you try to follow. My training is to keep the reticle locked steadily on the insect," said Zhao Lichuan, a soldier with a PLA Army brigade.

Although automated target-locking tools assist operators, the decisive edge during high-stakes moments of aiming, tracking, and firing ultimately rests on individual skill and initiative.

"While modern weapons and equipment are becoming increasingly important, humans still play the decisive role. The outcome of war depends not only on weapons, but even more on the flexible factor of human initiative," said Zhao.

That focus on human capability is central to how ground forces integrate unmanned aerial systems into modern warfare, according to Wang Rui, another soldier from a PLA Army brigade.

"Drones give our PLA Army "hawk eyes." However, seeing far is not enough. We must also strike far and accurately," said Wang.

PLA soldiers hone skills to dominate modern battlefields