China Stocks Set for Mixed Monthly Finish
2026-06-30 02:05
By
Czyrill Jean Coloma
1 min. read
The Shanghai Composite slipped 0.5% to 4,053 on Tuesday, while the Shenzhen Component rose 0.8% to 15,943, delivering a mixed performance despite stronger-than-expected PMI data.
China's Composite PMI edged up to a six-month high of 50.6 in June from 50.5 in May.
Manufacturing PMI rose to 50.3 from 50.0, beating forecasts of 50.1 on robust demand for high-tech exports, which helped cushion trade disruptions linked to tensions in the Middle East.
Meanwhile, the non-manufacturing PMI ticked higher to 50.2 from 50.1, defying expectations of 49.9 and signaling continued stabilization in the sector.
China Life Insurance (-1.0%), Zijin Mining Group (-2.9%), and GigaDevice Semiconductor (-3.6%) led losses, while Eoptolink Technology (1.5%), NAURA Technology (3.5%), and Huagong Tech (1.1%) paced gains.
For the month, the Shanghai Composite is set for a second straight monthly decline, while the Shenzhen Component is headed for a third consecutive monthly gain.