The Shangai Composite Index Closes 0.44% Higher

CSI 300 decreased to 4492.00 Index Points, the lowest since April 2026. Over the past 4 weeks, Shanghai Shenzhen CSI 300 Index lost 9.25%, and in the last 12 months, it increased 10.42%.

The Shanghai Composite edged up 0.1% to 3,833 on Thursday, while the Shenzhen Component fell 1.1% to 13,502, as investors turned cautious ahead of the closely watched Politburo meeting later this week. The gathering is expected to set the policy tone for the remainder of the year, with markets looking for fresh signals on stimulus support to bolster growth. Investor caution follows weaker-than-expected Q2 GDP data, weighed down by sluggish domestic demand, muted private-sector investment, and the prolonged property-market contraction. Tech and AI-related stocks led the declines, particularly Cambricon Technologies (-3.7%), SMIC (-1.7%), Zhongji Innolight (-4.8%), and Eoptolink Technology (-5%). Sentiment remained under pressure as a correction in China's AI sector deepened amid concerns over elevated valuations and heavy spending. The weakness persisted despite Zhongji Innolight's Hong Kong debut after its HK$53.4 billion ($6.8 billion) IPO, the city's largest listing in seven years.

The Shangai Composite Index went up by 17 points or 0.44 percent on Wednesday to close at 3830 points. The rise was led by BAIC BluePark (9.96%), Fuyao Glass Indu (4.90%) and Poly Real Estate (3.97%). On the downside, the weakerst performers were China Life Insurance (-2.31%), Petrochina (-2.07%) and Bank Of China (-1.48%).