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China stocks steady, tech shares follow US lead higher

by Paul

China stocks were steady in early trading on Thursday, with sentiment supported by buoyant global share markets and local tech firms tracking their U.S. counterparts.

Information technology shares were particularly strong, after the U.S. tech sector surged past its dotcom era peak overnight.

The CSI300 index, which powered to a 18-month high the previous session, dipped 0.1 per cent to 3,724.36 points at 2:06 GMT, while the Shanghai Composite Index was also down 0.1 per cent at 3,228.48 points.

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