China's Tech-Driven Earnings Highlight Economic Momentum
China's listed companies are reporting strong 2025 earnings, driven by tech sector growth. Over 1,200 companies have filed reports, with nearly 90% showing profits. High-tech industries, including AI and semiconductors, are leading this growth. Notable performers include SMIC, with record revenues, and Cambricon Technologies, which reported its first annual profit. The tech sector's success is attributed to innovation and commercialization of AI, which is reshaping value chains and contributing to economic resilience.