The Shanghai Composite edged up 0.1% to 3,430, while the Shenzhen Component gained 0.3% to 10,990 on Tuesday, with both benchmarks hovering near multi-month highs as investors shifted their focus to upcoming earnings reports.
Over the weekend, Beijing introduced a special action plan aimed at boosting consumer spending and stabilizing the stock and real estate markets.
However, a scheduled policy briefing on Monday provided little in the way of fresh catalysts.
Meanwhile, US-listed Chinese stocks surged overnight on renewed optimism, with standout performances from: Alibaba (4.6%), Baidu (9%), PDD Holdings (5.2%), JD.com (4.8%) and XPENG (3.5%).
Chinese stocks have outperformed global markets this year, driven largely by a rally in technology and AI-related sectors.
Read More: China Stocks Rise as Investors Focus on Earnings — TradingView News
