China Stocks Extend Losses for Second Session
2025-12-16 02:15
By
Jam Kaimo Samonte
1 min. read
The Shanghai Composite fell 1.11% to close at 3,825 while the Shenzhen Component dropped 1.51% to 12,915 on Tuesday, extending losses from the previous session as mounting economic concerns and the absence of strong policy support in China pressured the market.
A series of economic indicators released on Monday highlighted slowing activity, including weaker-than-expected retail sales and industrial production growth, alongside declines in fixed asset investment and new home prices.
Investors also braced for key US economic data this week that could influence the rates outlook.
Additionally, global uncertainty over the sustainability of the artificial intelligence trade weighed on local tech stocks, with notable declines in Eoptolink Technology (-4.6%), Zhongji Innolight (-3.3%) and Cambricon Technologies (-4.4%).
Meanwhile, Changan Auto (+4.4%) and BAIC Motor (+10%) surged after regulators approved two of their electric sedans featuring level-3 autonomous driving capabilities.