Chinese Stocks Extend Rally
2025-12-26 03:07
By
Czyrill Jean Coloma
1 min. read
The Shanghai Composite edged up 0.1% to close at a more than one-month high of around 3,964 on Friday, extending its winning streak to eight sessions, the longest since July, while the Shenzhen Component rose 0.5% to a near two-month high of 13,604, as investors pushed for a stronger finish to the year.
Investors are attempting to extend gains into a year-end rally amid improving risk appetite.
Adding to the upbeat sentiment, the PBOC hinted at potential monetary easing in the near term, as Goldman Sachs highlighted the central bank’s cautious easing approach outlined in its Q4 Monetary Policy Committee statement this week.
Investors are now closely watching the conclusion of the National People’s Congress Standing Committee meeting for potential signs of additional policy support.
Notable performers included BYD (5.6%), East Money Information Co. (1.3%), and Zijin Mining Group Co. (4.7%).
For the week, the Shanghai Composite and the Shenzhen Component rose 1.9% and 3.5%, respectively.