The Shangai Composite Index Closes 0.97% Lower

The Shangai Composite Index fell 39 points or 0.97 percent on Friday to close at 3997 points. Leading the losses are China Merchants Securities (-5.24%), Bank Of Beijing (-4.31%) and Sanan Optoelectron (-3.20%). Top gainers were Aisino (4.89%), BAIC BluePark (4.31%) and Yonghui Superstore (3.92%).

SHANGHAI 50 increased to 3019.00 Index Points, the highest since May 2026. Over the past 4 weeks, Shanghai 50 gained 6.08%, and in the last 12 months, it increased 9.51%.

The Shanghai Composite fell 1.0% to close at 3,996.2 on Friday, while the Shenzhen Component slumped 2.29%, reversing earlier gains as investors locked in profits following a recent rally in technology shares. The sector had tracked overnight advances in global markets amid renewed optimism surrounding artificial intelligence-related investments. Leading decliners included Cambricon Technologies (-8.8%), NAURA Technology (-8.81%), Zhongji Innolight (-8.45%), GigaDevice Semiconductor (-7.76%), SMIC (-5.77%), Eoptolink Technology (-4.12%), and Hygon Information Technology (-2.88%). Attention is now turning to a busy slate of Chinese economic releases next week, including trade data, second-quarter GDP, industrial production, retail sales, and the unemployment rate, which could provide fresh clues about the strength of the country's economic health. Over the week, the Shanghai Composite fell 1.17%, while the Shenzhen Component plunged 3.53%.