(原标题:CBN丨China's?benchmark index hits 10-year high)
Hi everyone. I’m Stephanie LI.
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Here’s what you need to know about China in the past 24 hours
The Shanghai Composite Index surpassed 3,740 points and reached an intraday high of 3,745 on Monday, marking a ten-year record since August 20, 2015.
Since hitting a low of 3,040 points on April 7, 2025, the benchmark index has risen by 22.72 percent. Notably, during the same period, the Shenzhen Component Index gained nearly 30 percent, while the ChiNext Index soared by 47 percent.
Meanwhile, as of 10:34 am on Monday, China's total A-share market capitalization has surpassed CNY100 trillion, setting a new record and marking the first time in A-share history to break the threshold.
The Shanghai Composite Index closed up 0.85 percent at 3,728 points today, while the Shenzhen Component Index jumped 1.73 percent to end at 11,835 points, with total turnover topping CNY2.8 trillion.
Hong Kong stocks also opened higher for the week, as the southbound capital accelerates its flow into the city’s stocks market. Last Friday, investors in the Chinese mainland set a new record for the highest single-day net inflow of HK$35.876 billion.
Regarding individual companies, Agricultural Bank of China (ABC) leads the A-share market capitalization rankings with CNY2.19 trillion, followed by Industrial and Commercial Bank of China (ICBC) with CNY2.02 trillion. And, the A-share market capitalizations of Kweichow Moutai, PetroChina, Bank of China, and CATL all exceeded CNY1 trillion.
Pan Helin, member of the Expert Committee on Information and Communication Economy under the Ministry of Industry and Information Technology (MIIT), told the 21st Century Business Herald that the latest market rally, which began at the start of the year, reflects the concentrated emergence of China's efforts in advancing technological innovation.
He noted that breakthroughs in areas such as artificial intelligence, large models, and digital transformation have boosted the global appeal of Chinese assets. This, in turn, has drawn overseas capital inflows and fueled the prosperity of China's stock market.
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Editor: LI Yanxia
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