Chinese Stocks Surge Amid Positive Trade Data and Policy Support

Chinese stocks rose on Monday, driven by gains in the insurance and brokerage sectors, following promising trade data and assurances from policymakers to bolster the economy. The Shanghai Composite and CSI 300 indices marked gains, reflecting optimism from regulatory measures and rallying sectors such as AI and chips.

Chinese stocks experienced a notable uptick on Monday, led by insurance and brokerage sectors, as optimistic trade data and government promises to bolster the economy lifted investor sentiment.

The Shanghai Composite Index increased by 0.5% to 3,924.08, and the CSI 300 Index soared 0.8% to reach its highest point since November 14. The Politburo, China's top decision-making body, announced plans for 2026 to enhance domestic demand and support economic growth with proactive fiscal and monetary policies.

Regulatory easing by the China Securities Regulatory Commission and the insurance sector regulator further boosted confidence, encouraging institutional investment in the equity market. Concurrently, sectors like AI, chips, and property also saw gains, although the Hang Seng Index in Hong Kong weakened.

(With inputs from agencies.)