China Stocks Rise After Inflation Data
2026-11-09 02:00
By
Czyrill Jean Coloma
1 min. read
The Shanghai Composite rose 0.3% to 3,658 on Monday, while the Shenzhen Component added 0.9% to 11,272, extending gains from the previous week as investors assessed mixed inflation data.
China’s annual consumer inflation rate eased to 0.7% in October 2026 from September’s three-month high of 0.9%, below the expected 0.8% and marking its lowest level since June.
In contrast, producer prices rose to over four-year high of 5.7% from 5% in September and above the forecasted 5.3%, as higher commodity and energy prices continued to push up industrial costs.
This growing divergence underscores persistent upstream cost pressures alongside sluggish domestic demand, indicating that higher industrial inputs have yet to pass through to consumers.
Investors now await trade data due on Tuesday for further clues about the strength of external demand.
Cambricon Technologies (3%), WuXi AppTec Co. (2.1%), Luxshare Precision Industry (2.1%), and Weichai Power (3%) were among the top performers.