China Stock Market Today, December 5, 2025: Chip Rally Lifts Shanghai and Hong Kong While Property Stress Persists
China’s Shanghai Composite rose 0.7% to 3,902.81 on Friday, ending a three-day slide as chipmakers and insurers rallied. Turnover on mainland exchanges climbed to 1.73 trillion yuan. The Hang Seng Index in Hong Kong gained 0.6% to near 26,085. Moore Threads surged fivefold in its Shanghai debut, fueling tech sector optimism.