China Stocks Fall as Iran War Hits Markets

2026-03-09 02:25 By Jam Kaimo Samonte 1 min. read

The Shanghai Composite fell 0.67% to close at 4,097, while the Shenzhen Component dropped 0.74% to 14,068 on Monday, extending last week’s losses as oil topped $100 amid the escalating Middle East conflict, raising inflationary pressures and threatening global growth.

The US-Israeli war with Iran entered its second week with no resolution in sight, while key Middle Eastern producers have cut output as shipments through the Strait of Hormuz remain halted.

China, the world’s largest energy importer, relies heavily on oil imports from the Middle East, but is somewhat shielded by its substantial crude reserves.

Domestically, data showed annual inflation rose to a three-year high in February, partly driven by Lunar New Year holiday spending.

Among notable decliners were tech and mining stocks including Zhongji Innolight (-3.6%), Eoptolink Technology (-4.5%), Suzhou TFC (-4.9%), Zijin Mining (-1.9%), and Victory Giant (-3%).



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