China Stocks Mixed on Signs of Uneven Growth
2026-07-15 02:26
By
Czyrill Jean Coloma
1 min. read
The Shanghai Composite rose 0.2% to 3,974 on Wednesday, while the Shenzhen Component slipped 0.3% to 14,891, as investors weighed signs of an uneven economic recovery in China.
GDP growth slowed to 4.3% year-on-year in the second quarter from 5.0% in Q1, missing market expectations of 4.5%.
It marked the weakest expansion since Q4 2022 and below the government's 2026 target range of 4.5%–5.0%.
Moreover, fixed-asset investment dropped 5.7% year-on-year in the first half, worse than the expected 4.9% decline and the 4.1% fall recorded in the January–May period.
On a positive note, industrial production accelerated to a three-month high of 5.3% in June, while retail sales unexpectedly rebounded to 1%.
In addition, the urban unemployment rate fell to a one-year low of 5.0%.
Financial stocks underperformed, led by Industrial and Commercial Bank of China (-0.9%), Agricultural Bank of China (-1.3%), and China Construction Bank (-1.9%).