Shanghai Stocks Flat After 9-Day Rally

2025-12-30 08:43 By Joshua Ferrer 1 min. read

The Shanghai Composite ended flat at 3,965, snapping a nine-day winning streak as investors took profits following its best stretch in more than a year, while the Shenzhen Component rose 0.5% to 13,560.

For the year, the Shanghai Composite is on track to surge about 18%, its best annual rise since 2019, while the Shenzhen Component is headed for a strong 30% jump, extending bullish momentum from 2024.

Investor attention remained focused on geopolitical developments, as traders weighed the potential impact of China’s military drills around Taiwan.

Markets also looked ahead to economic data, with both official and private PMI readings scheduled for release this week.

Local technology stocks were broadly higher, led by Cambricon Technologies (+3.3%), NAURA Technology (+2.1%), and SMIC (+1.8%).

In contrast, major laggards were real estate and healthcare shares, down 2.3% and 0.5%, respectively.

The defense sector also declined 0.6%, ending its four-session winning streak.



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