China Stocks Extend Losses to Two-Week Low
2025-11-18 03:08
By
Czyrill Jean Coloma
1 min. read
The Shanghai Composite fell 0.8% to close at 3,940, while the Shenzhen Component dropped 0.9% to 13,080 on Tuesday, extending losses for a third consecutive session to the lowest level in nearly two weeks as investor sentiment remained subdued amid ongoing China-Japan tensions over Taiwan.
In the latest development, Tokyo sought to de-escalate the growing dispute with Beijing following Japanese Prime Minister Sanae Takaichi’s warning that a Chinese attack on Taiwan could threaten Japan’s security and potentially prompt a military response.
Still, China’s Premier Li Qiang is not expected to meet Takaichi at this week’s G20 summit in South Africa.
The decline also tracked overnight losses on Wall Street ahead of Nvidia's earnings report and US jobs data.
Notable declines were recorded among major companies, including Agricultural Bank of China (-1.3%), CNOOC Limited (-1.3%), Contemporary Amperex (-1.5%), and Sungrow Power (-4.8%).