25.12.202509:17:19UTC+00Shanghai Composite Ends at 1-Month High

The Shanghai Composite Index gained 19 points, or 0.5%, to reach 3,960 at the close on Thursday, marking its seventh consecutive day of gains—the longest streak since July—and achieving a one-month high. This rise in the market was driven by Beijing's recent measures to ease restrictions on property purchases, which are designed to stabilize the struggling real estate sector. Similarly, the Shenzhen Component overcame initial losses to finish slightly higher. China's central bank's commitment to maintaining stable market expectations and ensuring the yuan remains "basically stable at a reasonable and balanced level" also bolstered market sentiment.

Adding to the positive mood, Wall Street's S&P 500 and Dow Jones achieved record closing highs on Wednesday. This reflects growing global interest in Chinese artificial intelligence firms, as investors seek diversification and the next big opportunity, akin to "DeepSeek," amid concerns about potentially overvalued U.S. technology stocks. The sectors leading the gains on the day included commercial services, producer manufacturing, and consumer non-durables. Noteworthy gainers were Ping An Insurance with a 2.6% increase, Foxconn Industrial Internet rising by 2.4%, and China Life Insurance up by 1.4%.