The Shangai Composite Index Closes 0.42% Higher

The Shangai Composite Index dropped 20 points or 0.53 percent on Wednesday to close at 3716 points. Losses were led by Fuyao Glass Indu (-8.22%), China Shenhua Engy (-3.90%) and Huayu Automotive (-3.69%). Offsetting the fall, top gainers were Aisino (9.96%), Yonyou Soft (1.75%) and Sanan Optoelectron (1.51%).

The Shanghai Composite fell 0.60% to close at 3,713 on Wednesday, while the Shenzhen Component dropped 0.82% to 11,704.4, as disappointing corporate earnings weighed on investor sentiment. CATL slumped 12.03% to its lowest level in more than a year after the Chinese battery giant reported significantly slower profit growth in Q3, dragged down by rising costs, intense competition and slower growth in China’s auto sales. Consumer and energy stocks such as Kweichow Moutai (-1.67%), Wuliangye Yibin (-1.17%) and PetroChina (-2.26%) also came under pressure as concerns over weak domestic demand and fading stimulus hopes weighed on sentiment. China’s economy grew 4.5% yoy in Q3 2026, accelerating from a three-year low in Q2 and beating expectations, largely driven by strong export growth amid solid global demand for Chinese high-tech products due to the AI infrastructure boom.

The Shangai Composite Index went up by 2 points or 0.05 percent on Tuesday to close at 3733 points. The rise was led by Yonghui Superstore (4.56%), Yonyou Soft (2.67%) and Sanan Optoelectron (2.27%). On the downside, the weakerst performers were China Molybdenum (-9.46%), China Pacific Insu (-4.13%) and Haier Smart Home (-3.56%).