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Shanghai Composite Tops 4,000 for First Time in a Decade as Tech Drives Gains

The exchange signaled support for hard‑tech listings via the STAR Market's trial field using a new fifth set of standards.

Overview

  • On October 28, 2025, the Shanghai Composite crossed 4,000, marking its highest level since August 18, 2015.
  • The benchmark had repeatedly rebounded over the past decade but failed to clear the 3,800 level until this latest move.
  • At a ceremony for the first batch of newly registered companies in the STAR Market's Growth Layer, SSE chairman Qiu Yong outlined next steps.
  • The SSE pledged to better screen quality sci‑tech firms and back areas such as artificial intelligence, commercial space, and the low‑altitude economy.
  • Coverage underscored technology shares as the key momentum in the latest upturn, linking market strength with fresh listing policy signals.