China Stocks Finish the Week Strong
2026-04-17 07:52
By
Joshua Ferrer
1 min. read
The Shanghai Composite Index edged down 0.1% to close at 4,051, while the Shenzhen Component Index rose 0.6% to 14,885 on Friday, with mainland equities trading mixed as investors awaited clearer signals on whether the weeks-long conflict in Iran could ease ahead of potential weekend talks.
Still, both benchmarks ended the week on a firm note, with the Shanghai up 1.6% and the Shenzhen gaining 4%, as sentiment was cautiously underpinned by a 10-day Lebanon–Israel ceasefire and remarks from Trump pointing to a possible US–Iran meeting over the weekend, bolstering hopes of de-escalation.
In China, focus shifts to policy, with the loan prime rate decision due Monday.
Major global banks have pared back expectations for further easing, now expecting rates to remain steady through the year.
Among individual stocks, liquor maker Kweichow Moutai led losses, falling 3.8% on weaker annual results, while Zhongji Innolight climbed 5.1% to a record high after reporting strong first-quarter profits.