A-share market soars: Shanghai and Shenzhen hit record 1 trillion yuan turnover in just 35 minute
The momentum in mainland China's stock market continues to soar as the A-share market extended its recent hot streak. Just 35 minutes after opening today (Sept. 30), the transaction volume in the Shanghai and Shenzhen stock markets exceeded 1 trillion yuan, setting a new record for the fastest time to reach this milestone.
The benchmark Shanghai Composite Index rose over 6 percent, once regaining the 3,300-point mark shortly after the afternoon session started. The Shenzhen Component Index rose more than 9 percent. China's Nasdaq-style ChiNext Index rose over 13 percent.
The SSE Composite Index surpassed the 3200 points mark, reaching a near one-year high, closing the half-day at 3263 points, up 5.7% with a turnover of 737 billion yuan.
The SZSE Component Index closed at 10302 points, up 8.28% with a turnover of 921 billion yuan; the Second-board Market closed at 2100 points, up 11.4% with a turnover of RMB4358 billion yuan.
The market's ETFs saw significant increases, with 36 ETFs gaining more than 10% at one point.
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