The A-share market closed out 2025 with the Shanghai Composite Index rising over 18% for the year and the ChiNext Index leading the pack with a nearly 50% gain.

The A-share market closed in 2025: the Shanghai Composite Index rose for 11 consecutive days, the ChiNext Index surged by nearly 50%, and the turnover exceeded 400 trillion yuan, setting a new historical record. Technology stocks performed exceptionally well.