Chinese markets kicked off the Year of the Dragon with a fiery start 🐲, as key stock indices surged on Monday's post-Lunar New Year trading session. The Shanghai Composite Index jumped 1.56% to 2,910.54 points, while the Shenzhen Component Index rose 0.93% to 8,902.33 points.
Over 4,200 shares gained value, with AI-related stocks stealing the spotlight 🤖. Companies linked to OpenAI's new 'Sora' model and education tech raced ahead, though pork producers and securities firms faced losses.
The ChiNext Index—China's answer to Nasdaq—climbed 1.13%, signaling investor confidence in tech growth. Total trading volume hit 957.2B yuan ($134.76B)—that's like buying 95B avocado toasts! 🥑💰
Analysts say the rally reflects optimism about AI innovation and post-holiday economic momentum. Stay tuned for more market moves as China's digital economy revs up! 🚀
