STAR Market Composite Surges 9.90 Percent as Broader A-Share Market Rallies

Chinese equity markets closed with spectacular gains, led by an extraordinary surge in the STAR Market Composite Index, which skyrocketed by 9.90 percent by the closing bell. Market breadth was overwhelmingly positive, with more than ninety percent of listed companies recording upward price movements amid a wave of heavy buying across multiple sectors.

The explosive trading session built upon morning momentum, ultimately mirroring the massive gains seen in the ChiNext Index and the STAR 50 Index, both of which posted historic double-digit percentage surges. Investor participation reached unprecedented levels as total trading turnover across the Shanghai and Shenzhen stock exchanges comfortably cleared the two-trillion-yuan threshold, underscoring returning market liquidity.

Analysts attributed the afternoon breakout to a combination of surging chip and semiconductor stocks, alongside supportive macroeconomic signals and financial policies aimed at boosting market confidence. The sudden shift in market dynamics has reignited risk appetite among retail and institutional investors alike, marking one of the most remarkable trading days of the fiscal year.

Sources: East Money

Aggregated summary. Original: 东方财富