The Shanghai Composite rose 0.85% to close at 3,378, while the Shenzhen Component surged 1.82% to 10,991 on Friday, with mainland stocks reaching multi-month highs as Chinese technology and artificial intelligence-related stocks continued to attract strong market interest. The renewed optimism in the sector was primarily driven by DeepSeek’s promising AI model and its rapid adoption by major companies. Adding to the bullish sentiment, Hong Kong-listed Alibaba jumped around 14% on strong earnings, fueled by its expanding AI initiatives. Markets are also hopeful that Beijing will shift towards a more favorable regulatory environment for the private sector, following a years-long regulatory crackdown. Notable gainers included Talkweb Information (+10%), Hygon Information (+15.3%), and Cambricon Technologies (+20%).
The main stock market index in China (SHANGHAI) increased 27 points or 0.82% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from China. Historically, the China Shanghai Composite Stock Market Index reached an all time high of 6124.04 in October of 2007. China Shanghai Composite Stock Market Index - data, forecasts, historical chart - was last updated on February 22 of 2025.
The main stock market index in China (SHANGHAI) increased 27 points or 0.82% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks this benchmark index from China. The China Shanghai Composite Stock Market Index is expected to trade at 3180.39 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 2978.85 in 12 months time.