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The GEM Index rose by over 1%, with chip stocks leading the market rally
2 day ago /
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Author：小编
On June 29, 2026, the indices diverged, with the GEM Index rising by over 1%, the Shanghai Composite Index slightly declining by 0.10%, and the Shenzhen Component Index increasing by 0.49%. Semiconductor chips, nuclear fusion, and industrial gases led the gains, with nearly 1,600 stocks rising across the Shanghai, Shenzhen, and Beijing markets. Additionally, Baidu's AI chip division, Kunlunxin, is planning a $50 billion IPO in Hong Kong.
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