# Big Finance

Chinese Equities Ignite on Record Volume as Financials and Cyclicals Lead Mid-Year Rally

Chinese markets started July 2026 with a massive 2.42 trillion yuan half-day turnover, led by a 1.08% rise in the Shanghai Composite Index. While financials and livestock sectors surged, high-growth sectors like energy storage saw significant pullbacks as capital rotated into AI and value-oriented assets.