China Stocks Close at Multi-Year Highs
2026-05-11 02:05
By
Czyrill Jean Coloma
1 min. read
The Shanghai Composite climbed 1.08% to close at 4,225 on Monday, its highest level since June 2015, while the Shenzhen Component gained 2.16% to a fresh five-year high of 15,889, buoyed by strong trade data and anticipation ahead of a meeting between Presidents Donald Trump and Xi Jinping.
Exports surged 14.1% YoY to a record USD 359.44 billion in April 2026, well above expectations of a 7.9% rise and sharply up from March’s 2.5% gain, driven by AI-related global investment demand.
Imports climbed 25.3% to an all-time high of USD 274.62 billion.
Meanwhile, annual CPI came in above expectations at 1.2% in April, while PPI marked its second straight month of increase at 2.8%.
Markets are now focused on the upcoming Trump–Xi meeting in Beijing, where discussions are expected to cover the Middle East conflict, Taiwan, and potential renewed trade talks.
Tech stocks remained strong, particularly Hygon Information Technology (8.01%), Zhongji Innolight (6.11%), and NAURA Technology (5.99%).