China's stock market is exhibiting signs of a durable bull run, reaching new decade highs with a broadening rally beyond traditional sectors such as AI and banking. Despite slowing economic growth, the market is supported by abundant liquidity and expectations of renewed policy support, including the fastest pace of budget spending since 2022. Investor sentiment is improving, with funds managing $617 billion turning less bearish on China. Foreign investors hold a $1 billion stake in over 70 A-share Chinese firms, and Qualified Foreign Institutional Investors (QFII) are increasing their holdings as global banks grow more bullish on the Chinese market. Notably, Baidu's stock has risen despite a slump in earnings, reflecting market resilience. Overall, the rally is spreading across various sectors, with Chinese bank stocks gaining momentum amid a strengthened industry outlook.