Shanghai Composite Closes Morning Session Up 0.95% at 3742.66

The breadth of the move is the story: smaller-cap gauges like CSI 1000 and CSI 500 outpaced the large-cap CSI 300 by a wide margin, a pattern that typically signals a more risk-tolerant tone within the session. That the gains held into the morning close across every major gauge suggests the strength was not confined to a single sector or heavyweight name. Whether that small-cap leadership persists through the full session is the open question.