China’s Stock Market Surges! Shanghai Composite Breaks 3,900, Hits 10-Year High
Source Tradingkey
TradingKey – All three major Chinese indices rally over 1%, setting multi-year records.
On Thursday, October 9, Chinese equities posted strong gains across the board, with all three benchmark indices rising more than 1%. As of press time:
- Shanghai Composite Index (000001) jumped 1.32% to 3,933 points — its highest level since 2015.
- Shenzhen Component Index (399001) rose 1.73% to 13,760 points — a new high since 2022.
- ChiNext Index (399006) climbed 1.65% to 3,290 points — the strongest level since 2021.
Shanghai Composite Chart – Source: Google.
Leading the rally was the controlled nuclear fusion sector, which surged over 6%. Other standout performers included storage chips, rare earth magnets, and gold-linked stocks, each gaining more than 4%.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
The Dow Jones Industrial Average has reached successive record highs, and its outperformance against the Nasdaq over the past two days reached the highest level in nine months, signaling
Cisco’s Stock Pops After Smashing Earnings—Thanks to $1.3 Billion in AI OrdersCisco just dropped its latest earnings report—and investors are loving it. The company blew past expectations for both profit and sales in its fiscal first quarter, sparking a more than 7% jump in the stock after Wednesday’s closing bell.
Cisco just dropped its latest earnings report—and investors are loving it. The company blew past expectations for both profit and sales in its fiscal first quarter, sparking a more than 7% jump in the stock after Wednesday’s closing bell.
Gold edges toward $4,200 as shutdown deal fuels aggressive December Fed cut betsGold trades near $4,195 in early Asian dealings, brushing up against the $4,200 mark as hopes for a U.S. shutdown-ending funding bill and a nearly 64% market-implied chance of a December Fed rate cut support XAU/USD, even as a divided Federal Reserve and upcoming policymaker speeches threaten to steady the dollar and cap bullion’s latest advance.
Gold trades near $4,195 in early Asian dealings, brushing up against the $4,200 mark as hopes for a U.S. shutdown-ending funding bill and a nearly 64% market-implied chance of a December Fed rate cut support XAU/USD, even as a divided Federal Reserve and upcoming policymaker speeches threaten to steady the dollar and cap bullion’s latest advance.
Gold (XAU/USD) reverses a modest Asian session dip and climbs to an over three-week high, around the $4,213 region, on Thursday.
Bitwise's Matt Hougan Predicts a Crypto Boom in 2026 Amid Current Market Struggles
