AsianFin -- On Wednesday, China’s A-share market experienced a steady upward trend, with the Shanghai Composite Index surpassing its October 8 high from the previous year, reaching a level not seen in nearly four years.

The combined trading volume of the Shanghai and Shenzhen stock exchanges amounted to ¥2.15 trillion (approximately $295 billion), marking an increase of ¥269.4 billion ($37 billion) from the previous trading day and surpassing the ¥2 trillion threshold for the first time in 114 trading days.

Market activity was characterized by broad-based gains, with over 2,700 individual stocks advancing, indicating widespread investor optimism. However, sector-specific trends were mixed, reflecting a diverse range of investor interests across different industries.