China Stocks Set for Weekly Loss

2026-03-20 02:39 By Jam Kaimo Samonte 1 min. read

The Shanghai Composite slipped 0.2% to around 4,000 on Friday, while the Shenzhen Component rose 0.9% to 14,025, though both benchmarks on track for a weekly decline as concerns over the economic and inflationary impact of the Iran war and higher energy prices weighed on sentiment.

A retreat in oil prices offered some relief after US President Donald Trump ruled out deploying ground troops to the Middle East, and Israeli Prime Minister Benjamin Netanyahu said Israel would refrain from further strikes on Iranian energy infrastructure.

China is also better positioned than other Asian economies to weather the oil shock after years of building up reserves and diversifying its energy mix toward renewables.

Among individual stocks, East Money Information fell 3.9% and Shenzhen Longsys Electronics lost 4.2%, while Zhongji Innolight surged 9.1% and Eoptolink Technology jumped 10.4%.



News Stream
China Stocks Set for Weekly Loss
The Shanghai Composite slipped 0.2% to around 4,000 on Friday, while the Shenzhen Component rose 0.9% to 14,025, though both benchmarks on track for a weekly decline as concerns over the economic and inflationary impact of the Iran war and higher energy prices weighed on sentiment. A retreat in oil prices offered some relief after US President Donald Trump ruled out deploying ground troops to the Middle East, and Israeli Prime Minister Benjamin Netanyahu said Israel would refrain from further strikes on Iranian energy infrastructure. China is also better positioned than other Asian economies to weather the oil shock after years of building up reserves and diversifying its energy mix toward renewables. Among individual stocks, East Money Information fell 3.9% and Shenzhen Longsys Electronics lost 4.2%, while Zhongji Innolight surged 9.1% and Eoptolink Technology jumped 10.4%.
2026-03-20
The Shangai Composite Index Closes 1.37% Lower
The Shangai Composite Index fell -56 points or 1.37 percent on Thursday to close at 4007 points. Leading the losses are China Molybdenum (-8.55%), Zijin Mining (-7.93%) and Aluminum Corporation of China (-6.88%).
2026-03-19
China Stocks Fall on Mideast Concerns
The Shanghai Composite fell 1.39% to close at 4,007, while the Shenzhen Component dropped 2.02% to 13,902 on Thursday, with mainland stocks hitting multi-week lows as the Iran war stoked worries over energy supplies. Iran carried out missile strikes on a Qatari facility housing the world’s largest LNG export plant, one of several energy assets Tehran vowed to target after an Israeli strike on Iran’s South Pars gas field. Meanwhile, China plans to start tapping its strategic oil reserves to ease 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. Chinese shares also followed Wall Street losses overnight, pressured by hotter-than-expected US PPI data and rising Fed inflation forecasts, which narrowed the scope for interest rate cuts. Heavyweight firms saw sharp declines, including Zijin Mining (-7.5%), Biwin Storage (-5.8%), and Giga Device Semiconductor (-2.4%).
2026-03-19