The Shangai Composite Index Closes 0.47% Higher

The Shangai Composite Index rose 19 points or 0.47 percent on Friday to close at 4166 points. Leading the gains are Inner Mongolia BaoTou Steel (8.39%), China Coal (4.05%) and China Molybdenum (3.69%). Top losers were Avic Aviation Engine (-4.09%), China Eastern Airlin (-1.88%) and Air China (-1.63%).

The Shanghai Composite rose 0.39% to close at 4,163 on Friday, with the benchmark index ending both the week and month higher as investors awaited next week’s annual parliamentary meeting, where policymakers are expected to set economic targets and outline policy plans. China’s annual “Two Sessions” convenes from March 4 to around March 11, during which the government is also expected to release its 15th Five-Year Plan detailing policy objectives for 2026–2030. Among individual stocks, notable gains were recorded by Beijing Teamsun (6.1%), Inner Mongolia Baotou (8.7%), and China Northern Rare Earth (5.6%). Meanwhile, tech shares followed their US counterparts lower after a muted reaction to strong earnings from Nvidia, with sharp losses for Eoptolink Technology (-6.8%), Zhongji Innolight (-6.7%), and Victory Giant (-3.6%).

The Shangai Composite Index gained 1 points or 0.03 percent on Thursday to close at 4148 points. Gains were led by Sanan Optoelectron (3.92%), Avic Aviation Engine (2.66%) and Datang Intl (2.37%). Biggest losers were China Fortune (-4.00%), Anhui Conch Cement (-3.37%) and China Pacific Insu (-3.11%).