The Shangai Composite Index Closes 0.08% Lower

The Shangai Composite Index rose 36 points or 0.87 percent on Friday to close at 4113 points. Leading the gains are China Molybdenum (4.65%), Sanan Optoelectron (3.31%) and Zijin Mining (3.07%). Top losers were China Coal (-4.48%), Huatai Securities (-2.68%) and Hengli Petrochemical (-2.32%).

The Shanghai Composite rose 0.87% to 4,113 on Friday, while the Shenzhen Component gained 2.3% to 15,597, with both benchmarks rebounding from the previous session, led primarily by strength in the tech sector. Zhongji Innolight climbed 4.49%, Eoptolink Technology soared 7.2%, and Victory Giant Technology surged 13.31%, as investor enthusiasm for the AI sector remained a key driver. However, Chinese authorities have reportedly been requesting additional disclosures from listed companies and exchange-traded funds regarding their exposure to and strategies around AI. The move reflects concerns that recent market enthusiasm may be fueling overheated speculation, as Chinese equities have been on an upward trajectory this year amid strong investor interest in artificial intelligence themes. Despite Friday’s rebound, the Shanghai Composite still fell 0.54% for the week, marking its second consecutive weekly decline, while the Shenzhen Component managed a modest weekly gain of 0.23%.

SHANGHAI 50 decreased to 2919.00 Index Points, the lowest since April 2026. Over the past 4 weeks, Shanghai 50 lost 0.26%, and in the last 12 months, it increased 6.93%.