The Shangai Composite Index Closes 0.86% Lower

The Shangai Composite Index dropped 33 points or 0.86 percent on Wednesday to close at 3768 points. Losses were led by BAIC BluePark (-4.06%), China Life Insurance (-3.19%) and New China Life (-2.59%). Offsetting the fall, top gainers were Huaneng (4.40%), China Coal (3.42%) and Sinopec (3.30%).

The Shanghai Composite fell 0.88% to close at a near three-month low of 3,767.2 on Wednesday, while the Shenzhen Component slumped 1.97% to a more than one-year low of 12,110.6, as investors weighed mounting cost pressures against resilient external demand. Producer price inflation climbed to 5.0% from 3.8%, its strongest increase since June 2022, as renewed Middle East hostilities and risks to global oil supplies drove up input costs and squeezed corporate margins. Meanwhile, consumer inflation edged up to 0.9% in September from 0.8% in August, its highest level since June. On the trade front, China’s trade surplus widened to $133.53 billion in September from $88.72 billion a year earlier, its largest since January 2025. Exports surged 36.3% year-on-year to a record $447.18 billion, while imports climbed 31.0% to a record $313.66 billion. Notable decliners included Foxconn Industrial Internet (-6.67%), China Life Insurance (-2.85%), CATL (-3.11%) and Zhongji Innolight (-5.73%).

The Shangai Composite Index gained 2 points or 0.06 percent on Tuesday to close at 3800 points. Gains were led by Avic Aviation Engine (4.92%), Avic Shenyang Aircraft (4.10%) and Yonyou Soft (2.77%). Biggest losers were China Pacific Insu (-4.12%), Ping An Insurance (-3.06%) and China Life Insurance (-2.71%).