# Chinese stocks rebound from bear market on suspected state support

> Original title: Chinese stocks bounce back from bear market on suspected state support

- Source: South China Morning Post · Tech
- Published: 2026-10-23T02:41:51.000Z
- Bad Influence: https://badinfluence.news/items/sok04etoisrci8ht9yvbix3z9
- Original: https://www.scmp.com/business/china-business/article/3371853/chinas-bear-market-rout-deepens-growth-concerns-and-ai-sell-spur-caution

## Summary

The CSI 300 Index rose 1 per cent to 4,075.44 on Friday, reversing an early 2 per cent decline after entering a bear market a day earlier. Surging volumes in major ETFs suggest state-backed funds such as Central Huijin Investment may have bought shares, though the source does not confirm it. The ChiNext 50 index gained 2.9 per cent as the three largest makers of optical transceivers for AI data centres announced buy-back plans or said operations were normal.