TREE NEWS reports: China’s ChiNext index rebounded to trade up 0.4% after earlier falling more than 1%. The recovery marks a sharp intraday turnaround for the tech-heavy board.
ChiNext rebounds 0.4% after falling over 1%
The intraday reversal signals that dip-buying remains active in Chinese tech listings despite the earlier slide, suggesting the market is still testing support levels rather than entering a sustained selloff. This affects short-term traders and index funds exposed to ChiNext, as the volatility points to fragile sentiment. The key question is whether this rebound holds through the close or fades, which would indicate whether the initial drop was profit-taking or the start of a deeper correction.
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