Stocks in China Hit 4-week Low

CSI 300 decreased to 4751.00 Index Points, the lowest since June 2026. Over the past 4 weeks, Shanghai Shenzhen CSI 300 Index gained 0.16%, and in the last 12 months, it increased 18.6%.

The Shanghai Composite rose 0.2% to 3,978, while the Shenzhen Component gained 0.5% to 15,020 on Thursday, rebounding from one-month lows as investors welcomed the People's Bank of China's commitment to maintaining an accommodative policy stance. The central bank signaled that it would keep monetary policy appropriately loose and step up financial support to boost domestic consumption, while acknowledging an imbalance between strong supply and weak demand. The PBOC has kept rates and reserve requirement ratios unchanged, focusing instead on refining its policy framework and transmission mechanisms. On the economic front, annual consumer inflation eased to a three-month low of 1% in June from 1.2% in May, while producer inflation rose to 4.1% from 3.9%, the fastest pace since July 2022. Technology stocks led gains, with Zhongji Innolight (3.3%), Eoptolink Technology (2.9%), and NAURA Technology (2.7%) advancing, while energy shares also rose, led by PetroChina (1.2%) and CNOOC (1.2%).

SHANGHAI decreased to 3968.00 Index Points, the lowest since June 2026. Over the past 4 weeks, Shanghai Stock Exchange Composite Index lost 0.32%, and in the last 12 months, it increased 13.41%.