Galaxy Securities says Kweichow Moutai has raised iMoutai retail prices multiple times since 2026; given Moutai’s role as a market bellwether, the moves signal the high-end baijiu market may have bottomed and suggest Moutai’s sales pressure has eased.

China's Sci‑Tech Innovation Board 50 Index (STAR 50) rose more than 5% as the semiconductor sector staged a broad recovery; constituents Huahong Hongli jumped over 14% and Geke Micro climbed more than 13%.

PICC, China Life Group, Ping An, CPIC and New China Life said they will support capital-market development and increase investor returns. Their combined invested assets exceeded 20 trillion yuan at end-2025. Under policy guidance to channel more long-term funds into markets, the five materially raised secondary-market equity allocations. Aggregate 2025 dividends (interim and final) reached a record 102.39 billion yuan, up 12.8% YoY. Listed insurers said they will aim to keep dividend distributions continuous and growing despite recent net-profit volatility.