The Shangai Composite Index Closes 0.07% Lower

The Shanghai Composite fell 0.6% to 4,017 on Tuesday, approaching a one-month low, while the Shenzhen Component dropped 0.3% to 15,372, extending losses for a second straight session, as technology stocks continued to lose momentum amid signs of capital rotation into other sectors. Sentiment toward the sector remained weak even after positive industry developments, including a 19-fold surge in Samsung Electronics' quarterly profit and the launch of marketing for SK Hynix's planned US listing. Among Chinese technology names, Cambricon Technologies (-1.1%), Hygon Information Technology (-1.5%), SMIC (-1.4%), and NAURA Technology (-1.2%) declined. Meanwhile, US President Donald Trump signaled plans to meet Chinese President Xi Jinping on September 24 on the sidelines of the annual United Nations General Assembly in New York. The anticipated talks would follow the leaders' summit in Beijing in May, where both sides sought to stabilize relations and deepen bilateral engagement.

The Shangai Composite Index dropped 3 points or 0.07 percent on Monday to close at 4041 points. Losses were led by Sanan Optoelectron (-4.99%), Datang Intl (-3.52%) and BAIC BluePark (-2.87%). Offsetting the fall, top gainers were Shaanxi Coal (7.20%), China Coal (5.92%) and Fuyao Glass Indu (5.52%).

The Shanghai Composite edged down 0.06% to close at 4,041.2 on Monday, while the Shenzhen Component fell 1.16% to a three-week low of 15,416.8, surrendering earlier gains as the recent rebound in technology stocks lost momentum. Sentiment toward the sector weakened amid concerns over the sustainability of the AI-driven rally following a report that Nvidia Corp.'s next-generation AI server rack system has been delayed due to manufacturing challenges. Among the notable decliners were Zhongji Innolight (-1.53%), Eoptolink Technology (-3.63%), NAURA Technology (-1.52%), and Victory Giant Technology (-4.97%). In contrast, banking stocks such as Industrial and Commercial Bank of China (1.14%) and Agricultural Bank of China (1.19%) posted gains. On the economic front, investors shifted their focus to key inflation data due later this week. Consumer inflation is expected to remain unchanged at 1.2%, while producer price inflation is projected to accelerate modestly to 4.1% from 3.9%.