TREE NEWS reports: China’s A-share benchmarks opened higher on the session, with the Shanghai Composite up 0.42% at 3891.96 and the Shenzhen Component up 1.15% at 13563.74. The ChiNext Index rose 1.61% to 3351.56, the CSI 300 gained 0.72% to 4492.32, and the STAR 50 climbed 1.76% to 1634.63. The CSI 500 opened 0.99% higher at 7731.07 and the CSI 1000 added 0.96% to 7621.24.
Shanghai Composite Opens Up 0.42% at 3891.96; ChiNext Gains 1.61%
The growth-heavy ChiNext and STAR 50 outpacing the broad Shanghai Composite suggests the bid is concentrated in smaller, higher-beta names rather than large caps. That gap matters for crypto and RWA desks tracking China risk appetite, since it points to speculative positioning rather than broad institutional accumulation. Whether that leadership holds through the session, or fades into a broad-based reversal, is the open question.
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