On Friday, the Shanghai Composite experienced a modest decline of 0.1%, settling just below 4,110, whereas the Shenzhen Component saw a slight rise of 0.1% to reach 12,320. This lack of clear direction in mainland stocks was attributed to the absence of major market-moving factors. Nevertheless, the benchmark indexes still hover near multi-year highs, buoyed by early-year optimism surrounding China's advancements in artificial intelligence and the anticipation of further policy support by 2026. Trading volumes on the mainland exchanges have hit record highs this year, indicating increased participation from both domestic and international investors. Among the individual stocks, some notable decliners included China Spacesat, which fell by 5.4%, Eoptolink Technology, down by 1.7%, and BlueFocus Intelligent, which dropped by 9.3%. Conversely, strong performers included TBEA Co, which gained 3.1%, JCET Group with an impressive increase of 10%, and Shenzhen Sunway, which was up by 3.6%.