Shanghai Stock Exchange Update (Dec. 21, 2025): Shanghai Composite Near 3,900 as Policy Watch Meets STAR Market AI-IPO Boom
The Shanghai Stock Exchange (SSE) heads into the final full trading stretch of 2025 with two stories unfolding at once: a steadier, policy-sensitive main board and a turbo-charged STAR Market where “hard tech” listings—especially AI chipmakers—are setting the tone for risk appetite. As of Sunday, Dec. 21 (when the mainland market is closed), the latest official close for the benchmark Shanghai Composite Index is Friday’s session, when it rose 0.36% to 3,890.45. Xinhua News Shanghai Composite ends the week flat, with investors waiting for fresh signals Friday’s uptick helped steady the market after choppy trading earlier in the week. Reuters’