China Stocks Rise for Second Session

2026-03-06 02:48 By Jam Kaimo Samonte 1 min. read

The Shanghai Composite rose 0.1% to above 4,110, while the Shenzhen Component gained 0.4% to 14,140 on Friday, extending gains from the previous session as investors digested China’s latest economic outlook.

Beijing set a GDP target of 4.5%–5% for 2026, the lowest since records began in the early 1990s, amid persistent deflation and elevated US tariffs.

Despite the gains, benchmark indexes are on track to finish the week lower as the Middle East conflict unsettled global markets.

The US-Israeli offensive against Iran has now entered its seventh day, while Tehran launched a fresh wave of missile and drone strikes across the Gulf.

Surging oil prices, which stoked inflation fears, also pressured equities globally, with China particularly exposed due to its reliance on Middle East energy.

Top performers on Friday included China XD (6.4%), Addsino Co (3.9%), Biwin Storage (5.8%), GCL System (10%), and Dongfang Electric (5.2%).



News Stream
China Stocks Rise for Second Session
The Shanghai Composite rose 0.1% to above 4,110, while the Shenzhen Component gained 0.4% to 14,140 on Friday, extending gains from the previous session as investors digested China’s latest economic outlook. Beijing set a GDP target of 4.5%–5% for 2026, the lowest since records began in the early 1990s, amid persistent deflation and elevated US tariffs. Despite the gains, benchmark indexes are on track to finish the week lower as the Middle East conflict unsettled global markets. The US-Israeli offensive against Iran has now entered its seventh day, while Tehran launched a fresh wave of missile and drone strikes across the Gulf. Surging oil prices, which stoked inflation fears, also pressured equities globally, with China particularly exposed due to its reliance on Middle East energy. Top performers on Friday included China XD (6.4%), Addsino Co (3.9%), Biwin Storage (5.8%), GCL System (10%), and Dongfang Electric (5.2%).
2026-03-06
The Shangai Composite Index Closes 0.66% Higher
The Shangai Composite Index went up by 27 points or 0.66 percent on Thursday to close at 4109 points. The rise was led by Sanan Optoelectron (10.03%), Shanghai Electric (10.00%) and Hengli Petrochemical (6.90%). On the downside, the weakerst performers were Jiangsu Lianyungang (-3.97%), Sinopec (-3.78%) and Petrochina (-3.10%).
2026-03-05
China Stocks Rise as Beijing Sets Softer GDP Target
The Shanghai Composite rose 0.64% to close at 4,109, while the Shenzhen Component gained 1.23% to 14,089 on Thursday, breaking a two-day decline even after Beijing unveiled a lower economic growth target amid persistent deflation and higher US tariffs. China set a GDP target of 4.5%–5% for 2026, marking the lowest since record began in the early 1990s. The nation’s 15th Five-Year Plan also pledged increased investments in innovation, high-tech sectors, scientific research, and boosting household consumption as a share of GDP. On the external front, mainland stocks tracked a rebound in global markets as inflationary concerns eased, though hostilities between the US and Iran persisted. Technology and power companies led the gains, with strong performances from Biwin Storage Technology (8.8%), Eoptolink Technology (8.6%), Zhongji Innolight (3.3%), TBEA Co (6.2%), and China XD Electric (10%).
2026-03-05