Chinese Stocks Jump Most Since March, Led by AI-Linked Shares

Chinese stocks rallied on Thursday, with gains led by shares of companies that are among the major beneficiaries of the nation’s push for homegrown technology.

The CSI 300 Index, a benchmark of onshore equities, jumped 2.3% to cap its biggest advance since mid-March. Shares of artificial intelligence chip designer Hygon Information Technology Co. surged 20% to be the top gainers on the gauge. Those of peer Cambricon Technologies Corp., known as China’s “little Nvidia,” climbed 9%.

Thursday’s gains point to a likely resumption of China’s liquidity-driven rally after a brief period of consolidation. The CSI 300 is now ...