China’s Shanghai Composite opens up 0.34% at 3955.55

The broad-based gains across major Chinese indices suggest a risk-on tone at the open, with smaller-cap and tech-heavy boards like ChiNext and STAR 50 outperforming the blue-chip CSI 300. This could reflect investor appetite for growth sectors rather than a uniform market move. The modest size of the advance leaves open whether momentum will hold through the session, particularly given the lack of a clear catalyst in the provided data. Watching whether the leadership among tech and small caps persists or fades will be key for gauging near-term sentiment.