China A-shares recover from lower open as ChiNext rises 1.56%, turnover reaches CNY 3.09 trillion

The Shanghai Composite climbed 0.4% and the Shenzhen Component gained 1.31%, with PCB, semiconductor and glass substrate stocks leading advances while coal shares fell.

Summary

China's A-share market rebounded from an initial decline to finish broadly higher, with the Shanghai Composite rising 0.4%, the Shenzhen Component gaining 1.31%, and the ChiNext Index adding 1.56%. Combined turnover in Shanghai and Shenzhen reached CNY 3.09 trillion, up CNY 27.1 billion from the previous session. Buying was concentrated in PCB, semiconductor and glass substrate stocks, while coal shares retreated.

Terms & Concepts
  • A-share market: Mainland China stocks traded on the domestic exchanges.
  • PCB: Printed circuit board, a core component used to connect and support electronic parts.
  • Glass substrate: A base material used in advanced electronics and chip packaging applications.