AI export demand boosts China industrials; China XD Electric up 75%

China’s equity market is diverging between export-led industrials tied to AI infrastructure and weak consumer names. According to the article, global managers are favoring exporters, with China XD Electric up 75% this year and TBEA up 28%, while Fuyao Glass Industry is down 5.4% and Great Wall Motor down 4.6%. Earnings expectations for CSI 300 Industrials rose 10% over six months, versus 5% for the consumer index.