China stocks close at 10-year high on fund inflows

China’s blue-chip CSI300 rose 1.1% and Shanghai Composite gained 1% to 3,766, its highest since 2015; Hang Seng inched up 0.2%.

Over 200 new mutual funds launched since July, with 70% equity-focused, raising 67.7 billion yuan, boosting the rally.

Government curbs on price wars, industry overcapacity, and solar sector regulation added to investor optimism; turnover topped 2.5 trillion yuan for a third day.

Pop Mart surged 12.5% on strong profit; innovative drug makers slipped nearly 1%, while tech majors stayed flat despite Nasdaq weakness.