A-shares opened broadly higher; the ChiNext index peaked above 2% intraday then
pulled back to close up 0.93%. Shanghai Composite gained 0.22%, Shenzhen
Composite rose 0.62%. Combined turnover across the two markets exceeded 1.4
trillion yuan and more than 2,800 stocks advanced. AI application and cultural
media sectors opened strong and led gains; innovative drug names rebounded after
early weakness. Component, PCB and other compute-hardware stocks were active.
Port and shipping underperformed; oil & gas and defense sectors registered the
largest declines.