BEIJING: Chinese stocks closed higher on Tuesday, with the benchmark Shanghai Composite Index up 2.54 percent to 3,240.94 points. The Shenzhen Component Index also saw a significant increase, closing 3.77 percent higher at 10,165.17 points.
According to Namibia Press Agency, the combined turnover covered by the two indices reached 1.35 trillion yuan (approximately 187.92 billion U.S. dollars), marking a rise from 966.4 billion yuan on the previous trading day. Notably, share prices across all sectors experienced an upward trend, with stocks related to humanoid robots and Sora showing substantial gains.
Additionally, stocks associated with Xiaohongshu, a Chinese Instagram-style app, surged after the app climbed to the top of the Apple app store chart in the United States. Companies such as Foshan Yowant Technology Co., Ltd., Inly Media Co., Ltd., and Shenzhen Ellassay Fashion Co., Ltd. all experienced a daily maximum increase of 10 percent.
The ChiNext Index, which tracks China’s Nasdaq-style board for growth enterprises, also saw a significant rise, gaining 4.71 percent to close at 2,075.76 points on Tuesday.