China Stocks Mixed Amid Lack of Catalyst
2025-12-04 02:44
By
Jam Kaimo Samonte
1 min. read
The Shanghai Composite shed 0.06% to close at 3,876, while the Shenzhen Component rose 0.4% to 13,007 on Thursday, as mainland stocks showed mixed performances amid a lack of market-moving catalysts.
Investors are awaiting updates from the annual Central Economic Work Conference and the December Politburo meeting for guidance on Beijing’s policy direction and growth targets for next year.
Economists expect China to maintain its “around 5%” annual growth target for 2026, with fiscal stimulus measures likely to mirror 2025 in scale and composition.
Among individual stocks, notable losses were seen in Foxconn Industrial (-0.5%), ZTE Corp (-0.9%) and Zhongfu Straits (-1.5%), while strong gains were recorded in Zhejiang Sanhua (7.5%), Addsino Co (8.7%) and Suzhou TFC (7.9%).
Meanwhile, global equities remain supported by expectations that the US Federal Reserve will cut interest rates next week.