TREE NEWS reports: China’s Shanghai Composite Index closed 0.97% higher at 3949.91, with the Shenzhen Component up 0.65% at 13730.02 and the ChiNext Index up 0.80% at 3399.59. The CSI 300 rose 0.71% to 4539.57, the STAR 50 gained 0.29% to 1657.48, the CSI 500 added 0.65% to 7850.48 and the CSI 1000 climbed 1.02% to 7766.33.
China’s Shanghai Composite Closes Up 0.97% at 3949.91
The broad-based advance, with the small-cap CSI 1000 and CSI 500 outpacing the large-cap CSI 300 and STAR 50, points to a risk-on session where breadth favored domestically oriented names over hard-tech. That rotation matters for crypto and RWA desks tracking Chinese risk appetite as a proxy for regional liquidity, since sustained small-cap leadership typically signals more durable retail participation than a mega-cap-led bounce. Whether that leadership persists is the open question.
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