China Stocks Rise on Resources Boost

2026-01-28 07:31 By Jam Kaimo Samonte 1 min. read

The Shanghai Composite rose 0.27% to close at 4,151, while the Shenzhen Component added 0.09% to 14,342 on Wednesday, extending gains from the previous session as mining stocks surged on stronger metals prices.

Gold and silver hit fresh record highs, while copper rebounded as the dollar weakened to four-year lows, driving investor demand for safe-haven metals.

Among individual stocks, Zijin Mining and China Northern Rare Earth both jumped about 4.2%, while CMOC Group, Hunan Silver Co and Tonglin Nonferrous Metals each gained roughly 10%.

In other news, China approved its first batch of Nvidia H200 artificial intelligence chips for import, reflecting efforts to balance AI demand with support for domestic production.

AI-related stocks also rose, including Zhongji Innolight (2%), Suzhou TFC Optical (4.5%) and Giga Device Semiconductor (5.3%).



News Stream
The Shangai Composite Index Closes 1.01% Lower
The Shangai Composite Index decreased 42 points or 1.01 percent on Friday to close at 4136 points. The decline was led by Sanan Optoelectron (-8.08%), China Molybdenum (-6.88%) and Aluminum Corporation of China (-6.03%).
2026-05-15
China Stocks Close Around 1% Lower
The Shanghai Composite Index fell 1.02% to close at 4,135 on Friday, while the Shenzhen Component Index dropped 1.17% to 15,561, extending losses from the previous session as investors remained underwhelmed by the limited concrete details from the Trump–Xi summit. During the second day at Zhongnanhai, Trump said that “a lot of good” had come from the visit and claimed the two sides had reached “fantastic trade deals,” while Xi said both countries had agreed to stabilize trade ties, expand cooperation, and manage differences constructively. Key developments included reports that China is set to purchase 200 Boeing aircraft and boost imports of US agricultural goods by “double-digit billions” of dollars over the next three years. Major decliners included Agricultural Bank of China (-1.33%), Foxconn Industrial Internet (-1.43%), Zhongji Innolight (-3.15%), and BYD (-2.42%). For the week, the Shanghai Composite Index lost 1.07%, while the Shenzhen Component Index edged down 0.02%.
2026-05-15
The Shangai Composite Index Closes 1.47% Lower
The Shangai Composite Index fell 62 points or 1.47 percent on Thursday to close at 4180 points. Leading the losses are Avic Aviation Engine (-5.04%), Greenland Holdings (-4.38%) and China Fortune (-4.31%).
2026-05-14