China Stocks Rise as Tech Shares Rebound

2026-03-18 07:28 By Jam Kaimo Samonte 1 min. read

The Shanghai Composite rose 0.32% to close at 4,063, while the Shenzhen Component gained 1.05% to 14,188 on Wednesday, with mainland stocks snapping a four-day losing streak amid renewed interest in technology and artificial intelligence names.

Risk appetite was also supported by easing oil prices after Iraq reached a deal to resume exports via Turkey’s Ceyhan port, helping alleviate concerns over supply disruptions tied to the Iran war.

Meanwhile, China is set to tap its extensive oil reserves to cushion the impact of Middle East disruptions, with refiners expected to process up to 1 million barrels per day over the next four to six weeks.

Leading gains in the tech sector included Eoptolink Technology (+10.7%), Zhongji Innolight (+6.8%), Suzhou TFC Optical (+8.3%), Wus Printed Circuit (+6.3%), and Giga Device Semiconductor (+5.2%).



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China Stocks Rise as Tech Shares Rebound
The Shanghai Composite rose 0.32% to close at 4,063, while the Shenzhen Component gained 1.05% to 14,188 on Wednesday, with mainland stocks snapping a four-day losing streak amid renewed interest in technology and artificial intelligence names. Risk appetite was also supported by easing oil prices after Iraq reached a deal to resume exports via Turkey’s Ceyhan port, helping alleviate concerns over supply disruptions tied to the Iran war. Meanwhile, China is set to tap its extensive oil reserves to cushion the impact of Middle East disruptions, with refiners expected to process up to 1 million barrels per day over the next four to six weeks. Leading gains in the tech sector included Eoptolink Technology (+10.7%), Zhongji Innolight (+6.8%), Suzhou TFC Optical (+8.3%), Wus Printed Circuit (+6.3%), and Giga Device Semiconductor (+5.2%).
2026-03-18
The Shangai Composite Index Closes 0.32% Higher
The Shangai Composite Index gained 13 points or 0.32 percent on Wednesday to close at 4063 points. Gains were led by Hengli Petrochemical (3.95%), Sanan Optoelectron (1.69%) and Aisino (1.41%). Biggest losers were China Fortune (-5.42%), Aluminum Corporation of China (-3.07%) and Shanghai Petrochemical (-2.52%).
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China Stocks Fall for Fifth Session
The Shanghai Composite dropped 0.3% to below 4,040 on Wednesday, extending losses for a fifth consecutive session as geopolitical uncertainties in the Middle East and volatile oil prices kept investors cautious. The Iran war intensified this week with Tehran stepping up attacks on regional energy infrastructure, while US allies rejected President Donald Trump’s call to help secure shipping through the Strait of Hormuz. Trump also requested that China delay his summit with President Xi Jinping by about a month, citing the need to focus on the Iran conflict, after previously linking any delay to China’s willingness to assist with the Strait of Hormuz. Clean energy stocks led the decline, with Sungrow Power down 2%, Contemporary Amperex off 0.9%, and BYD Company falling 1.8%.
2026-03-18