Shanghai stock benchmark reclaims 3,800 for first time in decade on tech boost

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Chinese stocks surged to a fresh decade-high on Friday, as renewed optimism over domestic artificial intelligence added more fuel to the liquidity-driven rally.
The Shanghai Composite Index closed up 1.5% to 3,825.76, the highest level since August 2015
The blue-chip CSI300 Index jumped 2.1% to a new 10-month high. The tech-focused Star50 index was up 8.6%.
Hong Kong's benchmark Hang Seng Index closed up 0.9%, recouping earlier losses in the week to register a third consecutive weekly gain.

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