Torrential rain has triggered flash floods across multiple areas of Danzhai County in southwest China's mountainous Guizhou Province, leading to sudden mountain floods, and inundating many riverside villages.
From 08:00 Friday to 09:00 Saturday, Danzhai recorded up to 284.3 millimeters of precipitation. Among the worst-hit areas was Nangao Township, where rainfall reached 180.8 millimeters within just over 30 hours.
The flooding submerged numerous homes located near the banks of the Qingshui River running through the area. In Shiqiao Village of Nangao, the outer walls of some houses were toppled by the powerful current, and traditional wooden houses and viewing pavilions were swept away entirely. Water levels at their peak nearly reached the height of an adult, submerging the entire first floor of many houses.
Although the floodwaters have since receded to within the river channel, the flow remains swift. A suspension bridge crossing the river sustained serious structural damage and is now covered in debris washed downstream by the flood. Along the roads into the village, large stretches of farmland were left submerged underwater, and river embankments and access routes have suffered varying degrees of damage
In response to the disaster, local authorities swiftly initiated emergency measures to evacuate the affected villagers.
"There are two main ways of resettlement. One is centralized resettlement, which means villages with favorable conditions can resettle people in compounds of villagers' committees in higher terrain. Meanwhile, some other people can be resettled in the homes of their relatives in safe areas," said Bao Chengfu, head of Nangao Township.
To better deal with the situation, Danzhai County has elevated its flood emergency response from Level III to Level II. Emergency teams have been deployed to conduct door-to-door checks and evacuations along both sides of the river, with the focus on geological hazard zones and high-risk areas prone to landslides and debris flows.
Torrential rain triggers flash floods across multiple areas in southwest China county
Torrential rain triggers flash floods across multiple areas in southwest China county
China's stock market demonstrated robust performance in 2025 with new records in various sectors.
Against the backdrop of global liquidity easing and evolving industrial policies, the A-share market experienced a landmark year. Multiple key metrics - including total market capitalization, trading volume, as well as margin trading and short selling balances - achieved historic breakthroughs, demonstrating remarkable vitality and resilience.
In terms of overall performance, as of Dec. 31, 2025, the total market capitalization of A-shares reached approximately 118.91 trillion yuan, marking a net increase of 25.30 trillion yuan from the year's opening level of 93.61 trillion yuan. This represents a growth rate of 27.03 percent, according to data from financial information provider Wind.
In 2025, major A-share indices extended their annual gains compared to 2024.
On Dec. 31, 2025, the Shanghai Composite Index stood at 3,968.84 points, marking an annual increase of 18.41 percent - the largest annual gain since 2020. The Shenzhen Component Index rose 29.87 percent for the year, while the ChiNext Index surged 49.57 percent. The Beijing Stock Exchange 50 Index recorded an annual gain of 38.80 percent, while the STAR Market 50 Index rose 35.92 percent for the year.
As major indices rose, market trading activity intensified. Throughout 2025, the A-share market recorded a total trading value of approximately 420 trillion yuan, marking a growth of over 60 percent compared to the previous year and nearly doubling the 2023 annual value. It also marked the first time in history that the annual trading value surpassed the 400 trillion yuan threshold.
The margin trading and short selling scale in the A-share market expanded rapidly in 2025. As of the year end, the outstanding margin trading and short selling balance in the A-share market increased by 690.7 billion yuan during the year to reach 2.5 trillion yuan, setting a new historical high.
Notably, the growth in the balance was primarily driven by the increase in the financing balance. Although the short selling balance also increased in 2025, its cumulative growth for the year was less than 10 billion yuan, with the absolute value of the short selling balance remaining at a low level in recent years.
As market sentiment continued to heat up, major sectors in the A-share market saw increases. Key industry sectors rose to varying degrees, with over half posting annual increases exceeding 30 percent.
Boosted by sharp rises in precious metal prices, the nonferrous metals sector delivered standout performance throughout 2025. Defense and military, telecommunications, machinery and equipment, automotive, power equipment, and electronics sectors also ranked among the top annual gainers. Sectors like food and beverages, coal, and banking showed relatively weaker annual performance but still managed modest gains.
Against the backdrop of a broad market rally, individual stocks also rose, with many delivering standout performances. Data indicates that over 4,200 A-shares saw price increases in 2025, accounting for more than three-quarters of the total. Specifically, after excluding newly listed stocks, over 500 A-shares still doubled in value, with more than 100 stocks achieving annual gains exceeding 200 percent.
China's stock market demonstrates strong performance with multiple new records in 2025
