Published on 05/25/2026 at 04:00 am EDT
(MT Newswires) -- Chinese shares started the week strong, closing Monday with gains after the government announced a crackdown on illicit cross-border securities activities and a probe into one of China's deadliest mining accidents last week.
The Shanghai Composite Index added 1%, or 39.67 points, to close Monday's trade at 4,152.57. The Shenzhen Component Index climbed 1.7%, or 259.31 points, to 15,856.61.
The equities of some Chinese brokerages rose amid the China Securities Regulatory Commission's crack down on overseas brokers that are conducting cross-border business operations without the regulator's approval.
The Shanghai stocks of CITIC Securities' and Guotai Haitong Securities rose 1.2% and and 0.8%, respectively.
Equities, especially coal stocks, were lifted after the government announced a probe into the gas explosion at Shanxi Tongzhou Group's Liushenyu coal mine.
In corporate news, Tianshui Huatian Technology jumped 10% amid plans to construct an integrated circuit industrial base for 3 billion yuan.
Cambricon Technologies climbed 9.4% after the board of directors' approval of a 12-billion-yuan comprehensive credit line for the chipmaker.
Wingtech inched 5% higher after suing its subsidiary, Nexperia, as it sought up to 8 billion yuan in damages while demanding to regain control of the Dutch subsidiary.

Sumber : MT Newswires