China Stocks Track Asian Peers Higher

2026-06-12 02:11 By Joshua Ferrer 1 min. read

The Shanghai Composite Index advanced 0.8% to above 4,000 on Friday, while the Shenzhen Component climbed over 1.3% to 15,000, rebounding from the previous session and tracking gains across Asian markets as renewed hopes for a Middle East peace deal lifted global sentiment.

Both benchmarks, however, remained on course for weekly declines following earlier volatility driven by US–Iran tensions, but was capped with sentiment later supported by improving risk appetite after President Trump said that a deal could be reached as soon as this weekend, potentially reopening the Strait of Hormuz.

Locally, market participants will shift their attention to China's May credit lending data, due later today, to gauge the health of the economy, following an unexpected contraction in new yuan loans in April.

Sector gains were led by semiconductors, minor metals, and precious metals, such as SMIC (4.1%), Zhongji Innolight (3.4%), Zijin Mining (3.2%), and China Tungsten (5.4%).



News Stream
China Stocks Track Asian Peers Higher
The Shanghai Composite Index advanced 0.8% to above 4,000 on Friday, while the Shenzhen Component climbed over 1.3% to 15,000, rebounding from the previous session and tracking gains across Asian markets as renewed hopes for a Middle East peace deal lifted global sentiment. Both benchmarks, however, remained on course for weekly declines following earlier volatility driven by US–Iran tensions, but was capped with sentiment later supported by improving risk appetite after President Trump said that a deal could be reached as soon as this weekend, potentially reopening the Strait of Hormuz. Locally, market participants will shift their attention to China's May credit lending data, due later today, to gauge the health of the economy, following an unexpected contraction in new yuan loans in April. Sector gains were led by semiconductors, minor metals, and precious metals, such as SMIC (4.1%), Zhongji Innolight (3.4%), Zijin Mining (3.2%), and China Tungsten (5.4%).
2026-06-12
The Shangai Composite Index Closes 0.14% Lower
The Shangai Composite Index dropped 5 points or 0.14 percent on Thursday to close at 3988 points. Losses were led by China Fortune (-5.15%), Yonyou Soft (-4.25%) and LONGi Green (-3.84%). Offsetting the fall, top gainers were Zhejiang Zheneng (5.53%), China Molybdenum (3.22%) and Haier Smart Home (3.13%).
2026-06-11
China Stocks Track Asian Peers Lower
The Shanghai Composite fell 0.16% to close at 3,987 on Thursday, while the Shenzhen Component dropped 0.68% to 14,852, tracking losses across Asian markets as renewed tensions in the Middle East weighed on investor sentiment. The US military carried out strikes on multiple targets in Iran for a second consecutive day, following President Trump's accusation that Tehran was stalling negotiations over an interim peace agreement and warning of further attacks if Iran failed to sign a deal. While China's strategic oil reserves and renewable energy capacity have helped mitigate the energy shock, sustained high energy costs could squeeze corporate profit margins and curb household spending through rising consumer prices. On the corporate front, Eoptolink Technology plunged 31.91% to a one-month low after announcing plans to seek a listing in Hong Kong. China Mobile Limited (-1.34%), Foxconn Industrial Internet (-2.26%), and Zijin Mining Group (-1.34%) also declined.
2026-06-11