China Stocks Rise for Second Session

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

The Shanghai Composite rose 0.38% to close at 4,124, while the Shenzhen Component gained 0.59% to 14,173 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, the Shanghai and Shenzhen indexes lost 0.93% and 2.22% this week 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 Huagong Tech (7.7%), Addsino Co (3.3%), Biwin Storage (9.3%), China XD (6.6%) and Beijing Teamsun (4.9%).



News Stream
The Shangai Composite Index Closes 0.96% Lower
The Shangai Composite Index decreased -38 points or 0.96 percent on Friday to close at 3882 points. The decline was led by Kangmei Pharma (-4.37%), LONGi Green (-3.97%) and Aluminum Corporation of China (-3.94%). On the upside, the strongest performers were China Fortune (6.06%), Sanan Optoelectron (2.89%) and Inner Mongolia BaoTou Steel (1.91%).
2026-04-03
China Stocks Log Weekly Losses
The Shanghai Composite fell 1% to 3,880 on Friday, while the Shenzhen Component dropped 0.99% to 13,353, as investor caution persisted amid uncertainties surrounding the prolonged Middle East conflict. Regional tensions remain elevated, although Iran and Oman are reportedly working on a protocol to “monitor transit” through a key shipping route, an effort aimed at easing strains. Meanwhile, China and Pakistan are advocating their own multi-point diplomatic plan, while Iran continues to maintain tight control over the shipping lane. Domestically, RatingDog revealed that China's composite PMI fell to 51.5 in March from 55.4 in February, as both the manufacturing (50.8 vs 52.1) and services (52.1 vs 56.7) sectors lost momentum. Among major stocks, Contemporary Amperex Technology (-3.67%), BYD (-2.6%), and Bank of China (-2.02%) were among the worst performers. For the week, the Shanghai Composite and Shenzhen Component lost 0.86% and 2.96%, respectively.
2026-04-03
The Shangai Composite Index Closes 0.76% Lower
The Shangai Composite Index fell -30 points or 0.76 percent on Thursday to close at 3919 points. Leading the losses are China Fortune (-4.32%), China Eastern Airlin (-3.74%) and SAIC Motor (-3.51%). Top gainers were China Coal (3.59%), Agricultural Bank of China (3.29%) and Kangmei Pharma (2.81%).
2026-04-02