China’s ChiNext Index Jumps 4.49% as PBOC Signals Continued Easing; ChangXin Tech Starts STAR Market IPO Process

China’s A-share benchmarks rallied on July 9, with the ChiNext Index rising 4.49% and at one point gaining more than 4%, as semiconductors, electronic components and related themes outperformed, according to Jiemian News. China’s central bank said at its second-quarter monetary policy committee meeting that it will continue an “appropriately accommodative” stance and prioritize credit support for areas including technological innovation, AI computing power and advanced chips. Separately, the Shanghai Stock Exchange said memory-chip maker ChangXin Technology on July 9 released its STAR Market IPO prospectus and issuance and preliminary bookbuilding announcement, formally launching the offering process; both offline and online subscription dates were set for July 16, 2026. The GF ChiNext ETF (159952) rose 4.34% by the close, while the fund’s latest shares outstanding reached 3.831 billion and its net inflows over the past nine trading days totaled 1.075 billion yuan, the report said.