Chinese markets closed higher after a broad rally. Shanghai Composite +1.41%,
Shenzhen Composite Index +2.44%, ChiNext +3.14%, STAR 50 Index +4.14%. Turnover
on Shanghai and Shenzhen totaled 2.39 trillion yuan, up 244.6 billion yuan from
the prior session; more than 4,300 stocks advanced. Semiconductor supply chain
led gains—glass substrates, advanced packaging, CPO and optical-fiber-related
names outperformed—while storage-chip segments posted strong gains and multiple
chip suppliers hit daily up-limits. Grain and seed-related shares jumped, with
several staples stocks trading at daily limits. Lab-grown diamond producers
remained active. Battery (BC), Apple-supply and dairy sectors also outperformed.
Liquor stocks underperformed—including Kweichow Moutai—while
cinema/exhibition-related stocks fell.