China Stocks Deliver Mixed Close
2026-11-09 02:00
By
Czyrill Jean Coloma
1 min. read
The Shanghai Composite rose 0.32% to close at 3,660.8 on Monday, while the Shenzhen Component fell 0.27% to 11,145.5, delivering a mixed performance despite easing US-China trade tensions.
China will extend its suspension of an additional 24% tariff on US goods until January, while retaining the baseline 10% import duty and prolonging the waiver of special port fees on the US vessels until Jan. 10.
The measures follow a framework agreed upon by US President Donald Trump and Chinese President Xi Jinping at their October 2025 summit.
On the economic front, China's annual consumer inflation eased to 0.7% in October from September's three-month high of 0.9%, marking its lowest level since July.
Meanwhile, producer price inflation accelerated to 5.7% from 5% in September, reaching its highest level in more than four years.
Bank of China Limited (2.19%), Foxconn Industrial Internet (4.57%), and Cambricon Technologies (6.02%) gained, while CATL (-2.19%) and NAURA Technology (-2.71%) lagged.