China Stocks End the Week on a High Note
2026-04-10 02:55
By
Czyrill Jean Coloma
1 min. read
The Shanghai Composite rose 0.51% to 3,986 on Friday, while the Shenzhen Component climbed 2.24% to 14,309, buoyed by cautious optimism surrounding US-Iran diplomatic talks set to begin on Saturday.
A report revealed that an Iranian delegation had arrived in Islamabad for ceasefire talks with the US, marking the first direct discussions between the two sides.
Domestically, annual CPI slowed to 1% in March, while producer prices recorded their first increase since late 2022 amid higher global energy costs exacerbated by the Middle East conflict.
China’s energy supply and strategic reserves have cushioned external cost pressures, but signs of domestic pass-through are emerging, with authorities raising retail fuel prices for the third time since February.
Notable stock gains included Contemporary Amperex Technology (6.84%), Zhongji Innolight (6.11%), and Luxshare Precision Industry (5.95%).
For the week, the Shanghai Composite rose 2.74%, and the Shenzhen Component soared 7.16%.