China Stock Market Today: Shanghai Composite Slips as Vanke Debt Jitters Clash With AI Rally; Hang Seng Extends Gains (Nov 26, 2025)
China’s stock markets ended Wednesday mixed, as an aggressive rally in artificial-intelligence and tech shares ran head‑on into renewed panic over giant developer China Vanke’s plunging bonds. On the mainland, the benchmark Shanghai Composite Index edged down 0.15% to 3,864.18, even as the tech‑heavy Shenzhen Component Index jumped 1.02% to 12,907.83 and the ChiNext growth board surged 2.14% to 3,044.69. chinadailyhk+1 In Hong Kong, the Hang Seng Index notched a third straight gain, closing up 0.13% at 25,928.08, while the Hang Seng China Enterprises Index and Hang Seng Tech Index added 0.04% and 0.11%, respectively. Xinhua News+2South China Morning Post+2