Shenzhen Component, ChiNext Rise 1% and 1.35%; Fiber Concepts Lead, Over 3,300 Stocks Advance
Chinese equities advanced on the day, with the Shenzhen Component Index rising 1% and the ChiNext Index adding 1.35%, while the Shanghai Composite edged up 0.16%. Optical fiber concepts, CPO, semiconductor chips, and education sectors led the gains. The market was broadly positive, with more than 3,300 stocks closing higher in the session, reflecting a wide advance across the A-share market.
The Shenzhen Component Index widened its gain to 1%, while the Shanghai Composite rose 0.16% and the ChiNext Index advanced 1.35%. Leading sectors included optical fiber concepts, CPO, semiconductor chips, and education. Across the two exchanges, more than 3,300 stocks traded higher.