After nearly two months! The Shanghai Composite Index returned to the 3,400-point mark, with 30% of individual stocks “recovering” during the same period, and these heavyweights regaining lost ground.

Recently, the Shanghai Composite Index has continued to strengthen. As of today’s (May 14) close, it reached 3,403.95 points, marking its return above the 3,400-point threshold after 35 trading days, based on the closing price. Meanwhile, the current closing level of the Shanghai Composite Index is only 1 percentage point away from the year’s high of 3,439.05 points recorded on March 19.

Note: The Shanghai Composite Index regained the 3,400-point threshold today (as of May 14 close)

Indexes collectively recovered over a month, with 20% of sectors regaining lost ground

Similar to the Shanghai Composite Index, other major market indexes have also seen varying degrees of recovery recently. Among them, the Beijing Stock Exchange and weighted indexes have outperformed the ChiNext and small-to-mid-cap indexes. Specifically, based on the Shanghai Composite Index’s “3,400-point to 3,400-point” period (from March 20 to May 14), the…