Stocks in China Hit 4-week High

The Shangai Composite Index rose 2 points or 0.05 percent on Wednesday to close at 4028 points. Leading the gains are Hengli Petrochemical (3.77%), NARI Technology (2.98%) and China Fortune (2.92%). Top losers were Greenland Holdings (-2.60%), Sinopec (-1.73%) and Aluminum Corporation of China (-1.69%).

The Shanghai Composite Index edged up 0.05% to close at 4,027 on Wednesday, remaining at a fresh one-month high, while the Shenzhen Component Index fell 0.97% to 14,498, retreating from its earlier strongest level since January 2022, as optimism waned over renewed US-Iran talks. The two sides are preparing for a second round of discussions in the coming days, with President Trump stating that negotiations could resume “within the next two days.” Meanwhile, China’s economy is projected to expand by 4.8% year-on-year in Q1, marking a modest recovery from 4.5% growth in Q4 2025, which was the slowest pace since the post-pandemic reopening in 2022. The prolonged Iran conflict has so far had limited impact on China, aided by years of efforts to bolster energy security and cushion external shocks. Notable gainers included Agricultural Bank of China (2.81%), Kweichow Moutai Co (1.42%), and Midea Group (1.32%). Decliners included Eoptolink Technology (-4.43%) and Sungrow Power Supply (-3.99%).

SHANGHAI increased to 4043.00 Index Points, the highest since March 2026. Over the past 4 weeks, Shanghai Stock Exchange Composite Index lost 1.07%, and in the last 12 months, it increased 23.36%.