Chinese tech stocks listed in Hong Kong advanced on Friday for their best weekly winning streak since 2020, as earnings surprises and optimism about the artificial intelligence sector drew global investors rotating funds into the sector.

Chinese technology shares jumped on Friday, as a slew of upbeat earnings boosted sentiment and optimism over artificial intelligence continued to attract investors.

China’s tech stocks rallied on Friday, as sentiment was helped by robust earnings reports from several companies and growing optimism for artificial intelligence-driven technologies. The Hang Seng Tech Index,

Concerns about coronavirus news out of China may have moved some vaccine-maker and travel stocks Friday. Shares of Moderna (MRNA), Pfizer (PFE) and Novavax (NVAX) all gained Friday, a broadly downbeat session that saw the S&P 500 slide 1.

CoV-2, has raised concerns due to its ability to infect human cells, much like the virus that caused the COVID-19 pandemic. According to the South China Morning Post (SCMP), the virus was identified by a team of virologists led by Shi Zhengli,