China Stocks Gain on Upbeat PMIs, Fresh Policy Support

2026-09-30 02:11 By Czyrill Jean Coloma 1 min. read

The Shanghai Composite rose 0.3% to 3,843.1 on Wednesday, while the Shenzhen Component gained 0.3% to 12,940.5, extending gains from the previous session after PMI data pointed to a continued economic recovery.

Official data showed China’s Composite PMI rose to 50.7 in September 2026, its highest level since December 2025, as manufacturing (50.1 vs 49.8) and non-manufacturing (50.2 vs 49.0) returned to expansion.

Meanwhile, private survey data showed the Composite PMI climbed to 52.1, with manufacturing (52.1 vs 51.5) and services (51.6 vs 51.4) continuing to expand.

The readings came as policymakers rolled out fresh support measures, including mortgage subsidies and expanded central bank assistance.

The State Council also pledged “a package of practical and effective additional policies” to achieve this year’s economic and social development goals.

Among notable gainers, Foxconn Industrial Internet (1.4%), Zijin Mining Group (0.9%), CATL (0.6%), and Zhongji Innolight (1.8%) advanced.



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China Stocks Gain on Upbeat PMIs, Fresh Policy Support
The Shanghai Composite rose 0.3% to 3,843.1 on Wednesday, while the Shenzhen Component gained 0.3% to 12,940.5, extending gains from the previous session after PMI data pointed to a continued economic recovery. Official data showed China’s Composite PMI rose to 50.7 in September 2026, its highest level since December 2025, as manufacturing (50.1 vs 49.8) and non-manufacturing (50.2 vs 49.0) returned to expansion. Meanwhile, private survey data showed the Composite PMI climbed to 52.1, with manufacturing (52.1 vs 51.5) and services (51.6 vs 51.4) continuing to expand. The readings came as policymakers rolled out fresh support measures, including mortgage subsidies and expanded central bank assistance. The State Council also pledged “a package of practical and effective additional policies” to achieve this year’s economic and social development goals. Among notable gainers, Foxconn Industrial Internet (1.4%), Zijin Mining Group (0.9%), CATL (0.6%), and Zhongji Innolight (1.8%) advanced.
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