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Shanghai Composite Index

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953 stories mentioning Shanghai Composite IndexUpdated just now

Trading amid mixed May Chinese data: industrial production grew while retail sales and fixed-asset investment contracted year over year.

Asia

US Bans Chinese Air Bag Inflators After Fatal Crashes

The U.S. National Highway Traffic Safety Administration (NHTSA) has banned replacement air bag inflators from China after linking them to deadly crashes.The inflators, all marked with the identifier "DTN60DB," were likely illegally imported into the U.S., the agency said Wednesday.The NHTSA cited 12 U.S. crashes, which resulted in 10 deaths, involving devices tied to the Chinese private company Jilin Province Detiannuo Automobile Safety System, saying the air bag inflators sent metal fragments into drivers in otherwise survivable collisions.Jilin Province Detiannuo Automobile Safety System denied responsibility, noting multiple Chinese manufacturers produce similar parts and disputing evidence that its products caused the incidents, according to a same-day report by Reuters.

Shanghai Composite^SZSE
Asia

Market Chatter: DeepSeek V4 Sparks Rush for Huawei's Ascend 950 AI Chips

ByteDance, Tencent (HKG:0700), Alibaba (HKG:9988) and other big Chinese firms are rushing to place orders for Huawei's Ascend 950 AI chips, Reuters reported Wednesday, citing people familiar with the matter.The surge in demand followed the release of DeepSeek's V4 artificial intelligence model that runs on said Huawei chips, according to the report.Sources said companies specializing in cloud computing and graphics processing unit rental services are also looking to secure orders, according to Reuters.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSEHKG:0700HKG:9988
Asia

China Sees Mixed Trade as Manufacturing Sector Growth Slows; Century Huatong Shares Fall 9%

Chinese shares were mixed on Thursday amid slower growth in China's manufacturing sector and ahead of the Labor Day holiday.The Shanghai Composite Index, the main gauge of Chinese stocks, ticked up 0.1% to 4,112.16. The Shenzhen Component Index declined 0.1% to 15,107.55.China's manufacturing purchasing managers' index was down 0.1 of a percentage point month on month to 50.3% in April.The production and new orders sub-indices remained above the critical point at 51.5% and 50.6%, respectively. The remaining sub-indices for raw material, employment and supplier delivery time were below the critical points at 49.3%, 48.8% and 49.5%, respectively.Meanwhile, the non-manufacturing business activity index was 49.4%, down 0.7 of a percentage point from March. The composite PMI output index was 50.1%, down 0.4 of a percentage point.In company news, Zhejiang Century Huatong Group (SHE:002602) posted first-quarter attributable net profit of 2.03 billion yuan, up 35% from 1.35 billion yuan the previous year. Shares of the game developer were down 9% Thursday.

Shanghai Composite^SZSESHE:002602
Asia

Market Chatter: China Warns Retaliation vs EU Over Potential Huawei Ban

China warned it would hit back at the European Union if the proposal to ban Huawei's equipment is implemented, Bloomberg News reported Thursday, citing a statement from China's mission to the E.U.Commission Executive Vice President Henna Virkkunen proposed a ban to phase out equipment from Huawei and ZTE (HKG:0763, SHE:0000630) from the bloc over cybersecurity risks, according to the report.China's mission asked to remove language that called equipment from the mainland a cybersecurity concern and that labelled Chinese companies "high risk" suppliers, the media outlet reported.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSEHKG:0763SHE:0000630
International

ADB Cuts Economic Growth Projections for Developing Asia Amid Middle East Crisis

The Asian Development Bank sharply downgraded its economic growth forecasts for developing Asia and the Pacific while raising inflation projections, citing prolonged disruptions from the Middle East conflict that are driving up energy prices and tightening financial conditions.The bank now expects regional growth of 4.7% in 2026 and 4.8% in 2027, down from its earlier forecast of 5.1% for both years. Meanwhile, inflation is projected to accelerate to 5.2% this year before slowing to 4.1% in 2027, according to the latest ADB report.ADB said the revisions reflect sustained pressure on oil and gas prices, with crude expected to average about $96 per barrel in 2026, significantly higher than pre-conflict levels, weighing on fuel-importing economies.Under a more severe scenario, growth could ease further to 4.2% this year and 4% next year, while inflation may spike to 7.4% in 2026, the bank added, urging targeted fiscal support and measured monetary responses.

^DSE^HNX^HOSEHang Seng^JKSEFTSE Bursa Malaysia KLCI^KOSDAQKOSPINifty 50^PSEI^SETShanghai Composite^STI^SZECTaiwan Weighted^YSX
Asia

Market Chatter: Two US Senators Move to Lock In China Automaker Ban Ahead of Trump-Xi Meeting

U.S. senators Bernie Moreno and Elissa Slotkin proposed legislation to codify the Biden-era rule blocking Chinese automakers from selling passenger vehicles in the U.S., Reuters reported Thursday.The move comes ahead of the Trump-Xi meeting in China in mid-May.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSE
International

China's Manufacturing Sector Grows at Slower Pace in April

China's manufacturing purchasing managers' index was down 0.1 of a percentage point month on month to 50.3% in April, according to a Thursday news release from the National Bureau of Statistics.The PMI for large enterprises was down 1.4 percentage points to 50.2%. The PMIs for medium and small enterprises rose 1.5 and 0.8 percentage points, respectively, to 50.5% and 50.1%.The production and new orders sub-indices remained above the critical point at 51.5% and 50.6%, respectively. The remaining sub-indices for raw material, employment and supplier delivery time were below the critical points at 49.3%, 48.8% and 49.5%, respectively.Meanwhile, the non-manufacturing business activity index was 49.4%, down 0.7 of a percentage point from March.The composite PMI output index was 50.1%, down 0.4 of a percentage point.

Shanghai Composite^SZSE
International

Property, Tech Sectors Undergird Asian Stock Markets

Asian stock markets somewhat shrugged off Middle East turmoil, with tech shares rising on earnings outlooks, and China property issues gaining after a Beijing report indicated the struggling sector may be firming.Exchanges in Japan were closed on holiday.Hong Kong and Shanghai finished in the green, while other regional exchanges were uneven.In Hong Kong, the Hang Seng Index opened higher and rose to the close, finishing up 1.7% in a property-sector-led rally.The broad gauge Hang Seng rose 432.06 to 26,111.84, as gaining issues outnumbered losers 77 to 13. The Hang Seng TECH Index gained 1.7% on the day, while the Mainland Properties Index rose 4.5%.Leading the upside was China Overseas Land, gaining 8.9%, while pork purveyor WH Group declined 5.8%.On the mainland, the Shanghai Composite rose 0.7% to 4,107.51.In economic news, China's housing markets are showing signs of recovery, with transaction volumes in major cities rising in March and price declines shrinking, "indicating a gradual return of buyer confidence and improving market liquidity," reported the official State Council Information Office.On the other regional exchanges, the S. Korean KOSPI rose 0.8%; the Taiwan TWSE declined 0.5%; the Australian ASX 200 declined 0.3%; the Singapore Straits Times Index fell 0.6%, and the Thai Set inclined 0.8%. In late trading in Mumbai, the Sensex was up 0.8%.MSCI All Country Asia Pacific Index rose 0.1%.

Hang SengNikkei 225Shanghai Composite
International

China's Transport Investment Hits 330 Billion Yuan in Q1

China poured 330 billion yuan into major transport projects in the first three months of 2026, according to the Ministry of Transport.Over 1,800 highway and waterway projects, each exceeding 100 million yuan, are being accelerated.Q1 also saw the launch of 174 major initiatives, injecting an additional 16 billion yuan.

Shanghai Composite^SZSE
Asia

Chinese Shares Rebound on Strong Economic Start, Government Push for Security; Focus Media Up 5%

Chinese shares rebounded on Wednesday as the Politburo hailed the strong start to the year and pushed for technology and energy security.The Shanghai Composite Index, the main gauge of Chinese stocks, rose 0.7% to 4,107.51. The Shenzhen Component Index climbed 2.0% to 15,120.92.At a meeting chaired by Xi Jinping, the Communist Party of China Politburo touted the country's strong economic start to 2026, with key indicators beating expectations, while warning that recovery remains uneven.China's top leadership called for targeted fiscal and monetary support to sustain growth. Officials stressed accelerating technological self-reliance, strengthening secure industrial chains and boosting domestic demand.The meeting also urged enhanced energy and resource security, expansion of major infrastructure, and steady progress toward economic self-sufficiency amid rising external uncertainties.In company news, Focus Media Information Technology (SHE:002027) posted first-quarter attributable net profit of 1.79 billion yuan, up 58% from 1.14 billion yuan the previous year. Shares of the advertising company closed 5% higher Wednesday.

Shanghai Composite^SZSESHE:002027
Asia

Market Chatter: US Lawmakers Urge Trump to Keep Ban on Chinese Automakers

Over 70 Democrats in the U.S. House of Representatives urged U.S. President Donald Trump to block Chinese automakers from entering the U.S. market, citing national security risks, Reuters reported Tuesday.Led by Debbie Dingell and Ro Khanna, lawmakers called for maintaining existing bans ahead of Trump's expected talks with Chinese President Xi Jinping, warning against ceding the auto industry to a strategic rival, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSE
Asia

US Warns Banks of Sanctions Over Transactions with Iran-Supporting Chinese Refineries

The U.S. Department of the Treasury warned financial institutions they could be slapped with secondary sanctions if they facilitate transactions with Chinese refineries linked to Iranian crude oil, the department said in a Tuesday filing.The warning came after Chinese refineries, such as Hengli Petrochemical (Dalian) Refinery, were sanctioned for purchasing crude from Iran.The department said financial institutions, such as banks, should conduct enhanced due diligence on transactions involving Chinese refineries, especially in Shandong Province.Treasury cautioned financial institutions to watch out for common evasion tactics such as the use of front companies in Asia and the United Arab Emirates, as well as the use of a "shadow fleet," which employs ship-to-ship transfers, falsified documentation, and vessel identity manipulation.

Shanghai Composite^SZSE
Asia

Market Chatter: China Orders ByteDance Apps to Follow Rules on AI Content Labeling

The Cyberspace Administration of China has directed ByteDance video apps Jianying and Maoxiang, along with the Jimeng AI site, to comply with rules on identifying AI-generated content, Reuters reported Tuesday, citing a statement from the regulator.The regulator ​said the ⁠three platforms violated China's cybersecurity law and relevant rules, and penalized those responsible for the violations, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSE
International

Profit-Taking, Persian Gulf Views Blunt Asian Stock Markets

Asian stock markets largely declined on Tuesday, as traders booked profits on tech-sector issues and weighed Middle East outlooks.Hong Kong, Shanghai and Tokyo finished in the red, as did most other regional exchanges, although Seoul's KOSPI index rose 0.4% to strike another fresh all-time zenith.In Japan, the Nikkei 225 opened lower and sank to the close, finishing off 1% as traders sold off AI- and semiconductor-related issues.The benchmark Nikkei 225 fell 619.90 to 59,917.46, although gaining issues outnumbered losers 183 to 41, as declines were largely restricted to tech plays.Leading the upside was diversified finance house Orix, gaining 9.8%, while tech-financiers SoftBank fell 9.9%.In economic news, the Bank of Japan held its short-term policy rate at 0.75% by a 6-3 vote, leaving the rate unchanged since last December.The central bank forecast that the nation's consumer price index-core (CPI-core), that strips out fresh food prices, will rise 2.8% in fiscal 2026 (started April 1), up from the 1.9% estimate in January.In addition, the Bank of Japan lowered its forecast for gross domestic product (GDP) growth to 0.5% for the fiscal year, down from 1% in its the previous outlook.In Hong Kong, the Hang Seng Index opened lower and could not recover, closing down 1% as tech and property issues lagged.The broad gauge Hang Seng fell 245.87 to 25,679.78, as losing issues outnumbered gainers 61 to 28. The Hang Seng TECH Index lost 2.3% on the day, while the Mainland Properties Index fell 1%.Leading the upside was Wuxi AppTec, gaining 13.6% after reporting earnings, while Contemporary Amperex Technology declined 6.9%.On the mainland, the Shanghai Composite fell 0.2% to 4,078.64.On the other regional exchanges, the Taiwan TWSE declined 0.2%; the Australian ASX 200 declined 0.6%; the Singapore Straits Times Index fell 0.1%, and the Thai Set inclined 0.1%. In late trading in Mumbai, the Sensex was down 0.6%.MSCI All Country Asia Pacific Index fell 0.4% on the day.

Hang SengNikkei 225Shanghai Composite
Asia

Middle East War Has Mixed Impact on Chinese Oil Majors, S&P Says

S&P Global Ratings expects mixed credit effects for major Chinese oil companies due to the Middle East conflict, according to a recent release.Increased prices will boost the upstream companies' earnings, but feedstock supply constraints and price controls will hit downstream, S&P said.China has high exposure to the Middle East as the region accounts for half of its total oil imports, the rating agency said.Investor concerns range from the demand impact of disruptions in the Strait of Hormuz to the credit strength of Chinese national oil companies, the rating agency said.

Shanghai Composite^SZSE
Asia

Chinese Shares Down as Iran War Talks Stall; Inovance Technology Falls 7%

Chinese shares fell on Tuesday as consumer sentiment turned cautious amid stalled talks to end the Iran war.The Shanghai Composite Index, the main gauge of Chinese stocks, slid 0.2% to 4,078.64. The Shenzhen Component Index fell 1.1% to 14,830.46.Sources said U.S. President Donald Trump appears unreceptive to Iran's offer to end the war. The proposed plan would see the Strait of Hormuz reopened, but would postpone talks on Tehran's nuclear program for another time, CNN reported.Also, Iran's Foreign Minister Abbas Araghchi had earlier given Pakistan a list of "red lines" to pass on to the U.S.Caution also prevailed among investors as they pored over first-quarter earnings reports from Chinese tech companies and scaled back their holdings ahead of the five-day holiday starting May 1, according to Reuters.In company news, Shenzhen Inovance Technology (SHE:300124) posted first-quarter attributable net profit of 1.01 billion yuan, down 23% from 1.32 billion yuan the previous year. Shares of the robot maker fell 7% Tuesday.

Shanghai Composite^SZSE
Asia

Market Chatter: Moody's Raises China Outlook to 'Stable' From 'Negative'

Moody's upgraded China's credit outlook to "stable" from "negative", Reuters reported Monday, citing the credit ratings agency.The firm attributed the move to the country's economic resilience. Moody's highlighted China's ability to adapt its exports to a changing global environment and its strategic focus on high-productivity industries.A spokesperson from China's Ministry of Finance said it appreciates Moody's decision to revise the outlook, telling reporters it will "continue advancing economic structural transformation".(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSE
Asia

China Blocks Meta's $2 Billion Deal to Acquire Manus

China is requiring Meta to unwind its $2 billion deal to acquire artificial intelligence startup Manus after a review, the National Development and Reform Commission said in a Monday disclosure.The regulator said the decision was "in accordance with laws and regulations, and has required the parties involved to withdraw the acquisition transaction."A spokesperson for Meta told CNBC that the deal fully complied with the law, according to a Monday report.Manus, which relocated to Singapore after being established in China, develops AI agents, including one that can conduct complex tasks such as market research and coding, CNBC said.

Shanghai Composite^SZSE
International

Earnings Season, Tehran Proposal Lift Asian Stock Markets

Asian stock markets largely gained ground Monday on strength in tech issues, and on media reports that Tehran has floated a proposal to reopen the Strait of Hormuz. A generally good industrial profits report from Beijing also boosted sentiments.Shanghai and Tokyo finished in the green, while Hong Kong edged lower. Other regional exchanges mostly finished higher.In Japan, the Nikkei 225 opened evenly but rose to the close, gaining 1.4% to strike a fresh all-time high. Strong earnings results offset a risk-off mood.The benchmark Nikkei 225 index rose 821.18 to 60,537.36, the first-ever close above the 60,000-milestone, although losing issues outnumbered gainers 129 to 94.Leading the upside was industrial robot maker Fanuc, up 16%, while Chugai Pharmaceutical declined 15.8%, with both moves following earnings reports.In Hong Kong, the Hang Seng Index finished off 0.2%, undercut by property issues.The broad gauge Hang Seng fell 52.42 to 25,925.65, as losing issues outnumbered gainers 53 to 36. The Hang Seng TECH Index gained 0.8% on the day, while the Mainland Properties Index fell 0.7%.Leading the upside was Semiconductor Manufacturing International, gaining 6.1%, while Sinopharm declined 3.8%.On the mainland, the Shanghai Composite rose 0.2% to 4,086.34.In economic news, industrial profits in China rose 15.8% on the year in March, largely on the back of private-sector enterprises, said the National Bureau of Statistics. The agency's survey is limited to companies with more than $2.9 million a year in revenue.On the other regional exchanges, the South Korean KOSPI rose 2.2%; the Taiwan TWSE advanced 1.8%; the Australian ASX 200 declined 0.2%; the Singapore Straits Times Index fell 0.6%, and the Thai Set rose 1.6%. In late trading in Mumbai, the Sensex was up 0.8%The MSCI All Country Asia Pacific Index rose 1.2% on the day.

Hang SengNikkei 225Shanghai Composite
Asia

China's Commitment to Low-Carbon Energy Bearing Fruit, S&P Says

S&P Global Ratings sees China's longstanding investment in low-carbon energy yielding results, especially given current oil price shocks, according to a Monday release.Nonfossils have a 40% share of the country's current power generation, S&P said.Following an initial period of overinvestment and focus on scale, the sector is shifting to better cost discipline and profitability goals, the rating agency said.Balancing capacity with uptake will be a main concern for the sector's next phase, given that grid buildout lags renewable capacity additions, S&P credit analyst Christopher Yip said.Meanwhile, regions with renewable output surpassing demand face curtailment risks, the analyst said.Producers who are able to optimize their trading strategy or distribute through better grid systems should survive this more demanding phase, S&P said.A full supply chain anchoring solar and wind generation and grid infrastructure should support lower costs for local players compared to global peers, S&P said.

Shanghai Composite^SZSE

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