News Snapshot:
SHANGHAI/SINGAPORE, March 29 (Reuters) - Investors are piling into China's tech, media and telecom shares, with speculative bets on chatbot development crowding out other sectors in a scenario that offers a stark contrast with global caution. Mainland China computer (.CSI930651), communications equipment (.CSI931160) and media (.CSI399971) indexes have surged between 29% and 35% this year, outstripping a rise of just 3.5% in the benchmark CSI 300 Index (.CSI300). On some days, including several last week, turnover in tech, media and telecom (TMT) stocks made up more than 40% of total market trade, according to China Merchants Securities' research, for a...
