On October 24, 2025, all three major A-share indices closed the trading session with gains. The Shanghai Composite Index saw a 0.71% increase, marking a new yearly high. Meanwhile, the Shenzhen Component Index advanced by 2.02%, and the ChiNext Index experienced a significant surge, climbing 3.57%.

The technology sector emerged as the driving force behind the market's upward momentum, with sub-sectors such as electronic components, semiconductors, and computer hardware taking the lead. Among individual stocks, newly listed N Chaoying witnessed an extraordinary surge, soaring nearly 400%. Simgui Technology's shares rose by over 17%, Jiangbo Long's stock climbed over 16%, and Zhongji Innolight's shares jumped more than 12%.

Conversely, certain sectors faced downward pressure. Energy equipment, Baijiu (Chinese white spirits), and coal sectors all experienced declines. Zhunyou shares and Shanxi Coking both fell by over 7%, while Luzhou Laojiao's stock dropped more than 4%.