China Stocks Extend Fall, Mixed Week in Sight

2026-04-24 02:15 By Czyrill Jean Coloma 1 min. read

The Shanghai Composite Index fell 0.4% to 4,077 on Friday, while the Shenzhen Component Index dropped 0.8% to 14,940, with both benchmarks extending losses as Middle East tensions continued to weigh on sentiment.

Iran signaled it would keep the Strait of Hormuz closed, while US President Trump said he had previously ordered the navy to “shoot and kill” vessels laying mines in the strait.

The resulting surge in oil prices is fueling global inflation pressures, with Chinese exporters raising prices as higher fuel and raw material costs ripple through supply chains.

Several consumer goods categories saw sharp annual price increases in March, reversing a prolonged period of price stability.

On the corporate side, Eoptolink Technology plunged 9.2% despite reporting that both revenue and net profit more than doubled year-on-year in Q1 of 2026.

For the week, the Shanghai index is heading for a third straight gain, while Shenzhen is set to decline.



News Stream
China Stocks Extend Fall, Mixed Week in Sight
The Shanghai Composite Index fell 0.4% to 4,077 on Friday, while the Shenzhen Component Index dropped 0.8% to 14,940, with both benchmarks extending losses as Middle East tensions continued to weigh on sentiment. Iran signaled it would keep the Strait of Hormuz closed, while US President Trump said he had previously ordered the navy to “shoot and kill” vessels laying mines in the strait. The resulting surge in oil prices is fueling global inflation pressures, with Chinese exporters raising prices as higher fuel and raw material costs ripple through supply chains. Several consumer goods categories saw sharp annual price increases in March, reversing a prolonged period of price stability. On the corporate side, Eoptolink Technology plunged 9.2% despite reporting that both revenue and net profit more than doubled year-on-year in Q1 of 2026. For the week, the Shanghai index is heading for a third straight gain, while Shenzhen is set to decline.
2026-04-24
The Shangai Composite Index Closes 0.32% Lower
The Shangai Composite Index dropped 13 points or 0.32 percent on Thursday to close at 4093 points. Losses were led by Inner Mongolia BaoTou Steel (-4.48%), China Molybdenum (-3.68%) and Zijin Mining (-3.12%). Offsetting the fall, top gainers were China Coal (5.24%), Sanan Optoelectron (4.15%) and Avic Aviation Engine (3.48%).
2026-04-23
China Stocks Retreat Amid US-Iran Woes
The Shanghai Composite fell 0.32% to close at 4,093 on Thursday, while the Shenzhen Composite lost 0.88% to 15,043, with both benchmarks retreating after hitting a one-month high and a more-than-four-year peak, respectively, as investors grappled with a lack of fresh market catalysts and persistent geopolitical uncertainty. Tensions in the Middle East remained a key overhang, after Iranian forces fired on commercial vessels on Wednesday, while the US continues to enforce a blockade on ships linked to Iranian ports. Market attention has also turned to the April 27–30 session of the National People’s Congress Standing Committee, where lawmakers will review draft revisions to the Prison Law and consider other legislative changes. Significant losses were seen in Zijin Mining Group (-3.18%), BYD (-1.61%), Eoptolink Technology (-2.32%), Suzhou TFC Optical Communication (-6.74%), and Muyuan Foods (-2.75%).
2026-04-23