The Shanghai Stock Exchange Composite Index closed at 4,094.40 on Tuesday, 30 June 2026, advancing 20.50 points or 0.50% as mainland Chinese equities extended their recovery for a second consecutive session, propelled by a stronger-than-expected set of official Purchasing Managers Index readings for June and a rally in artificial intelligence and technology stocks. The SSE Composite closed the month of June with a gain of 0.63%. China's official June Purchasing Managers Index data exceeded analyst expectations, with the Composite PMI rising to 50.6 in June from 50.5 in May, reaching a six-month high. The Manufacturing PMI climbed to 50.3 in June from 50.0 in May, beating market forecasts of 50.1, and the Non-Manufacturing PMI rose to 50.2 in June from 50.1 in May, defying expectations of a decline to 49.9. The combination of domestic fundamental improvement in the PMI data, a stabilising geopolitical environment following the agreement by the United States and Iran to pursue fresh diplomatic talks in Doha, and renewed institutional buying in technology and defence-adjacent names created conditions for broad-based gains.