# UCloud (优刻得)

China’s Small‑Cap Growth Board Rallies on a Wave of AI Compute Stocks as Consumption Lags

China’s ChiNext and tech‑heavy STAR board outperformed as investors poured money into stocks tied to AI computing power and data‑centre infrastructure, lifting several mid‑caps to multi‑day gains. The rally was narrow: overall market breadth was weak with more than 3,200 decliners, and consumer sectors registered significant losses.