Chinese stock indexes rise: Shenzhen up over 1%, ChiNext up 1.44%, Shanghai Composite up 0.35%.

Thursday, Jun 26, 2025 10:15 pm ET1min read

Chinese stock indexes rise: Shenzhen up over 1%, ChiNext up 1.44%, Shanghai Composite up 0.35%.

Chinese stock indexes saw notable gains on Tuesday, with the Shenzhen Composite Index leading the way with an increase of over 1%. The ChiNext Index, a technology-focused index, surged by 1.44%, while the Shanghai Composite Index climbed by 0.35%. These gains were driven by a broader risk-on sentiment boosted by a tentative ceasefire between Israel and Iran announced by U.S. President Donald Trump [2].

The ceasefire, which includes a 12-hour pause followed by a formal end to hostilities within 24 hours, lifted investor risk appetite and supported regional markets. South Korea’s KOSPI index led gains with a 2.5% jump, while Hong Kong’s Hang Seng index jumped 1.8% [2].

Corporate news also contributed to the positive sentiment. World’s largest iron ore miner Rio Tinto Ltd. and Hancock Prospecting announced a A$2.4 billion (US$1.61 billion) investment to expand the Hope Downs 2 iron ore mine in Western Australia, which is expected to produce 31 million tonnes annually by 2027 [2].

In addition to these developments, the Chinese market was buoyed by the announcement of a significant investment in BNB by Nano Labs, a blockchain infrastructure provider. Nano Labs plans to purchase $1 billion worth of BNB in the near future, with the goal of holding between 5% and 10% of BNB’s total circulating supply, which is currently valued at $93.9 billion. The news of this investment led to a near-tripling of Nano Labs’ stock price within minutes of the market’s opening [1].

The global market optimism, combined with positive corporate news and strategic investments in cryptocurrencies, has driven Chinese stock indexes higher, reflecting a broader trend of risk appetite in the financial markets.

References:
[1] https://decrypt.co/326837/bnb-over-bitcoin-chinese-company-stock-skyrockets-1-billion-treasury
[2] https://www.investing.com/news/stock-market-news/asia-stocks-rally-on-tentative-israeliran-truce-s-korea-hk-lead-gains-4106928

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