Big news from China! Chinese tech companies are doing really well. Their stocks (like owning a tiny piece of a company) went way up this week. It's the best week for these companies in years!
- Many Chinese tech companies saw huge price increases.
- Alibaba, a giant online shopping site, did especially well.
- This is partly because of excitement about new artificial intelligence (AI) technology.
- Investors think China's government might be more supportive of these companies now.
| Company | Price Change |
|---|---|
| Alibaba | Up 14.6% |
| Lenovo | Up over 15% |
| Hang Seng Tech Index | Up 6.5% in one day |
| Total Market Gain (approx.) | $1.3 trillion in one month |
