# AI compute hardware

China Midday: ChiNext Stages a V-Shaped Comeback as AI Compute Hardware Leads a Narrow Market Rally

At the Jan. 30 midday break China’s main indices diverged: the Shanghai Composite and Shenzhen Component fell while the ChiNext index staged a V-shaped rebound, rising 0.8%. Compute-hardware and AI-related small caps drove the upside even as non-ferrous metals and lithium names plunged, leaving the market narrow and turnover subdued.