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Shanghai Composite Index

Shanghai Composite
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953 stories mentioning Shanghai Composite IndexUpdated 1d ago

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

Asia

Market Chatter: Moonshot AI's New Kimi K3 Model Launch Weighs on US AI, Chip Stocks

Chinese AI startup Moonshot AI launched its Kimi K3 model recently, causing AI and semiconductor stocks to decline in the U.S. on Friday, Bloomberg reported the same day.Moonshot reportedly claims the model is at par with OpenAI and Anthropic PBC's most powerful offerings.The announcement of the launch coincided with President Xi Jinping's attendance of China's top AI summit, underscoring the country's focus on leading the AI sector, Bloomberg said.Kimi K3, a 2.8T-parameter model with a 1-million-token context window, is the world's first open 3T-class model designed for frontier intelligence across long-horizon coding, knowledge work, and reasoning, according to the company.(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 Markets

Tech Rout Blunts Asian Stock Markets

Asian stock markets largely fell back on Friday, as global caution on hefty tech-sector capital outlays led to risk-off retreats.In addition, Brent crude oil traded at $85.91 a barrel, up 2% during Asian market hours.Hong Kong, Shanghai, and Tokyo finished in the red, as did Taiwan. Other regional exchanges were mixed, while trading floors were closed in Seoul.In Japan, the Nikkei 225 opened lower on Wall Street cues and declined thereafter, finishing off 4% as traders eschewed semiconductor shares.The benchmark Nikkei 225 fell 2,694.42 to 64,141.12, as losing issues outnumbered gainers 151 to 71.Leading the upside was software tester SHIFT, up 9.4% after reporting earnings and issuing guidance. Memory chip maker Kioxia declined 16.1%, following a 15% decline on Thursday.In Hong Kong, the Hang Seng Index opened lower and could not recover, closing down 1.6% in the worldwide tech-wreck.The broad gauge Hang Seng fell 446.36 to 24,562.24, as losing issues outnumbered gainers 67 to 24. The Hang Seng TECH Index lost 4.4% on the day, while the Mainland Properties Index fell 1.5%.Leading the upside was utility holding company Power Assets, gaining 3%, while Semiconductor Manufacturing International declined 10%.On the mainland, the Shanghai Composite fell 3.1% to 3,764.15.On the other regional exchanges, the Taiwan TWSE declined 6.5%; the Australian ASX 200 declined 0.5%; the Singapore Straits Times Index fell 0.5%, but the Thai Set rose 0.2%. In late trading in Mumbai, the Sensex was up 1.4%.The MSCI All Country Asia Pacific Index fell 2.8% on the day.In other news, foreign direct investment (FDI) into Thailand struck $5.58 billon in the first six months of 2026, up 68% on the year, reported the Department of Business Development.

Hang SengNikkei 225Shanghai Composite
Asia

China to Increase Gasoline, Diesel Prices on Saturday

China is set to increase the prices of gasoline by 300 yuan per tonne and diesel by 290 yuan per tonne, effective midnight on Saturday, the National Development and Reform Commission said Friday.

Shanghai Composite^SZSE
Asia

Market Chatter: China LNG Importers Looking to Reduce Reliance on Qatar

Chinese liquefied natural gas importers, including China Petroleum & Chemical Corp (HKG:0386, SHA:600028) and PetroChina (HKG:0857, SHA:601857) are in talks with exporters from outside the Persian Gulf to reduce reliance on Qatar amid the ongoing war, Bloomberg reported Friday, citing people with knowledge of the matter.The two companies are looking to sign LNG contracts with other countries, including Canada, that would start before 2030 and would last at least 10 years, according to the report.The pivot could signal that the disruptions in the Strait of Hormuz could reshape the LNG market, Bloomberg said.Sinopec and PetroChina did not immediately respond to requests for comment from.(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:0386HKG:0857SHA:600028SHA:601857
Asia

Moonshot Unveils World's First Open 3T-Class AI Model, Kimi K3

Chinese artificial intelligence startup Moonshot on Friday launched Kimi K3, a 2.8 trillion-parameter open-weight model built on proprietary Kimi Delta Attention and Attention Residuals architecture.The model, featuring native vision capabilities and a 1-million-token context window, is the world's first open 3T-class model designed for long-horizon coding, knowledge work and reasoning, according to the blog post.Moonshot said that while Kimi K3 trails behind Claude Fable 5 and GPT 5.6 Sol, it demonstrated frontier-level performance across its evaluation suite to consistently perform better than other tested models.The full model weights and a technical report will be released by July 27.

Shanghai Composite^SZSE
Asia

Market Chatter: Shein Gets Hong Kong Listing Committee Approval for IPO

The Hong Kong Stock Exchange listing committee approved Shein's planned initial public offering in the city, Reuters reported Friday, citing three people with knowledge of the matter.The listing hearing was scheduled Thursday, with Shein answering questions about operations and finances, according to Reuters.Shein initially filed for IPOs in London and New York but the processes stalled, the report said.Both Shein and the Hong Kong Exchanges and Clearing (HKG:0388) did not respond to requests for comment from.(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.)

Hang SengShanghai Composite^SZSE
Asia

China Shares Plunge on Liquidity Fears, Middle East Hostilities; Dongguan Dingtong Precision Metal Falls 20%

Chinese equity markets saw a broad sell-off on Friday, as investors sold off riskier assets amid domestic liquidity concerns and geopolitical uncertainty.The Shanghai Composite Index, the main gauge of Chinese stocks, closed nearly 3.1% lower to 3,764.15. The Shenzhen Component Index plunged 5.4% to 13,706.88.The slump was fueled by mounting concerns that the $8.6 billion initial public offering of memory chipmaker CXMT, set for July 27, could drain liquidity from the market, particularly hurting technology stocks, The Economic Times reported.The SSE STAR 50 Index (SHA:000688), the benchmark for the 50 largest science and technology companies on the Shanghai bourse, plunged 7%.Investor sentiment was further dampened by escalating Middle East conflicts, which kept crude oil prices elevated and stoked fears that energy-driven inflation could delay or reverse major central banks' rate-cut trajectories.The risk-off mood intensified after the U.S. launched fresh strikes against Iran on Thursday night to "further degrade Iranian military capabilities." Iran's foreign ministry condemned the attacks as "war crimes," accusing the U.S. of targeting civilian infrastructure.In company news, Dongguan Dingtong Precision Metal (SHA:688668) forecasted that its net profit attributable to owners for the first half to jump 60% to 184.7 million yuan from 115.4 million yuan a year earlier. Shares of the communication connector manufacturer plummeted 20% Friday.

Shanghai Composite^SZSESHA:688668
Asia

Weak Demand, Higher Costs Strain Credit Prospects for Asia Pacific's Auto, Building Materials, Capital Goods Sectors, S&P Says

Dampened demand and rising costs have worsened the credit prospects of Asia-Pacific's auto, building materials, and capital goods sectors over the next 12 months, S&P Global Ratings said in recent releases.For the auto sector, the rating agency forecasts global light-vehicle sales to drop by 2.5% annually in 2026, with major declines in China and the US.China and Europe will see further electrification until 2027, while the US will observe a slowdown as the government eliminates incentives, S&P said.Raw material costs will see notable increases amid high oil prices and narrow supply, but S&P's rated issuers will exhibit resilience amid stronger products, diversified networks, and scale gains.The region's building materials sector faces increased transportation and energy costs due to the Middle East war, resulting in greater margin pressure, S&P said.In China, the sector faces bottlenecks in demand recovery amid continued weakness in the property sector, according to the rating agency.Still, satisfactory competitive positions and ample financial headroom should aid the companies in handling oversupply and dampened demand, S&P said.Issuers from the capital goods sector will also face increased costs, supply chain disruptions, and postponed investments amid the Middle East conflict and volatile US policy, the rating agency said.The sector faces margin pressure due to higher costs, but earnings should gain from strong order backlogs and staunch investment demand, according to S&P.Robust earnings have improved the companies' financial buffers and bolstered their cushion against downside risks, S&P said.

ASX 200Hang SengNikkei 225Shanghai Composite^SZSE
Asia

Chinese Shares Open Lower as US Airstrikes on Iran Rattle Markets

Chinese shares opened lower on Friday as market appetite for equities continued to wane in the wake of further U.S. airstrikes against Iran.The Shanghai Composite Index, the main gauge of Chinese stocks, opened 0.4% lower at 3,865.32. The Shenzhen Component Index plummeted 0.9% to 14,348.22.Conflict in the Middle East continued to dampen risk appetite among investors, with escalations in the region keeping crude oil prices elevated and driving fears that higher energy-driven inflation could delay or reverse rate cuts by major central banks.The U.S. launched fresh strikes against Iran on Thursday night to "further degrade Iranian military capabilities." Iran's foreign affairs ministry said the U.S. is committing "war crimes" for targeting civilian infrastructure in its strikes.

Shanghai Composite^SZSE
Asia

Market Chatter: Asian Stock Exchanges Seek Closer Ties to Boost Capital Markets

Top executives from Asia's leading stock exchanges called for stronger regional connectivity to attract investment and support long-term capital market growth at the Nikkei Asia Forum APAC 2026 on Thursday.Stock Exchange of Thailand President Asadej Kongsiri said closer cooperation among regional exchanges would help ASEAN markets capture investment flows, according to a Nikkei Asia report.He highlighted the Thai exchange's depositary receipt program, which allows local investors to trade global stocks such as Tesla and Apple in baht, the report added.Singapore Exchange President Michael Syn reportedly said cross-border initiatives can expand investment opportunities and create value for regional markets.Japan Exchange Group Global Chief Masanori Yoshida emphasized the need to attract more high-growth companies and develop new investment products to draw global capital into Asia, the report said.(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.)

Hang SengNikkei 225^SETShanghai Composite^STI^SZSE
Asia Markets

Oil, Tech Outlooks Gyrate Asian Stock Markets

Asian stock markets gyrated Thursday, as traders weighed ongoing Persian Gulf hostilities, crude oil prices, and rich valuations in the tech sector.Hong Kong gained ground, but Shanghai and Tokyo finished in red, while Seoul's semiconductor-heavy KOSPI Index declined 6.4%.Brent oil topped $85 a barrel during Asian trading hours.In Japan, the Nikkei 225 opened lower and declined thereafter, finishing off 2.8% as chip stocks fell back.The benchmark Nikkei 225 fell 1,915.97 to 66,835.54, as losing issues outnumbered gainers 138 to 85.Leading the upside was Mitsubishi Motors, up 6.4%, while memory-chip maker Kioxia declined 15%.In Hong Kong, the Hang Seng Index opened higher and held ground, closing up 1.3% on gains in property issues.The broad gauge Hang Seng rose 327.50 to 25,008.60, as gaining issues outnumbered losers 71 to 22. The Hang Seng TECH Index gained 2% on the day, while the Mainland Properties Index rose 3.2%.Leading the upside was toymaker Pop Mart International, gaining 6.9%, while computer maker Lenovo declined 6.7%.On the mainland, the Shanghai Composite fell 1.9 % to 3,882.41.In corporate news, industry bellwether Taiwan Semiconductor Manufacturing (TSM) reported a year-over-year revenue rise of 36% in Q2, while net profit gained by 77.4%, topping outlooks. Nevertheless, shares traded down 4.2% pre-bell in New York, possibly on concerns regarding rising capital outlays.On the other regional exchanges, the Taiwan TWSE was steady; the Australian ASX 200 was largely unchanged; the Singapore Straits Times Index fell 0.1%, and the Thai Set rose 0.3%. In late trading in Mumbai, the Sensex was even.The MSCI All Country Asia Pacific Index fell 1.4% on the day.

Hang SengNikkei 225Shanghai Composite
Asia

UK's Media Watchdog Launches Probe on TikTok to Keep Children From Harmful Content

The U.K.'s Office of Communications, or Ofcom, launched an investigation into short video platform TikTok to prevent children from accessing harmful content, such as pornography, the regulator said in a Thursday press release.The probe is part of the government's scheme to introduce a social media ban for children under 16 years of age.Ofcom said age checks are being deployed across social media, gaming and dating sites, as well as pornography webpages.TikTok, which is owned by Beijing-based firm ByteDance, did not immediately reply to' request for comment.The regulator said 8% of children attempt to access porn, but only half of them were able to reach sites with age checks in place, while those who were able to access porn sites were able to do so through search engines.

Shanghai Composite^SZSE
Asia

China Shares Fall on Escalating US-Iran Hostilities; Unisplendour Jumps 9%

Chinese shares closed lower on Tuesday as the U.S.-Iran conflict continued to escalate.The Shanghai Composite Index, the main gauge of Chinese stocks, closed 1.9% lower at 3,882.41. The Shenzhen Component Index plummeted 2.0% to 14,488.65.U.S. forces have pressed ahead with a fifth day of attacks on Iranian targets, describing the campaign as an effort to weaken Iran's capability to strike vessels in the strategic Strait of Hormuz.Citing unnamed sources, CNN reported that U.S. President Donald Trump is actively considering broadening the scope of the military action.Meanwhile, Chinese President Xi Jinping is expected to outline the state's policy stance on artificial intelligence at his first attendance at the World Artificial Intelligence Conference in Shanghai. The event comes as Beijing prepares for Xi's meeting with Trump for their first government-level discussion on AI.In company news, Unisplendour (SHE:000938) said it will dilute its stake in subsidiary Unisplendour Computer Technology amid a 440-million-yuan capital increase. Unisplendour will waive its pre-emptive subscription rights, reducing its stake to 29.42% from 51%. Shares of the semiconductor company jumped 9% Thursday.

Shanghai Composite^SZSESHE:000938
Asia

China's Xi to Outline AI Policy Stance at Shanghai AI Conference

Chinese President Xi Jinping is expected to outline the state's policy stance on artificial intelligence at his first attendance at the World Artificial Intelligence Conference in Shanghai, a spokesperson for the foreign ministry confirmed during a press conference on Monday.The event comes as Beijing prepares for Xi's meeting with U.S. President Donald Trump for their first government-level discussion on AI, with both sides showcasing their visions for AI technology at a UN AI dialogue last week, Reuters reported Thursday.Meanwhile, Huawei will debut its flagship supernode Atlas 950 SuperPoD at the WAIC this week, Yicai Global reported Wednesday, citing a company announcement.Atlas 950 is powered by a 1024-card supernode with 1 EFLOPS FP8 computing power, the biggest in the industry, and 256 terabytes of storage space, the report said.

Shanghai Composite^SZSE
Asia

IEA Warns $6.5 Trillion at Risk from China Rare Earth Curbs

The International ​Energy Agency warned that China's rare earth export controls, introduced in April 2025 and expanded in October 2025, could threaten $6.5 trillion in annual downstream output outside China if fully enforced.Automakers have already faced production cuts, according to the IEA's Global Critical Minerals Outlook 2026 report released Thursday. Despite a one-year delay, supply chains remain highly concentrated.The report urges policymakers to focus on strategic minor minerals, where small markets carry outsized economic risks.IEA chief Fatih Birol said diversification costs could be absorbed as "economic insurance" against major risks, noting rare earths account for less than 1% of a vehicle's value.However, tackling technology bottlenecks and workforce shortages outside China remains a critical challenge for building resilient supply chains.

Shanghai Composite^SZSE
Asia

Chinese Shares Slide Amid Fears of Wider Middle East Conflict

Chinese shares opened lower on Thursday following fresh U.S. strikes on Iran.The Shanghai Composite Index, the main gauge of Chinese stocks, opened 1.1% lower at 3,912.38. The Shenzhen Component Index fell 1.9% to 14,497.43.Market appetite for riskier assets was weighed down by fears of wider conflict in the Middle East.The U.S. military announced it struck and disabled an oil tanker headed for an Iranian port in the Strait of Hormuz, employing Hellfire missiles. Meanwhile, a fresh wave of U.S. strikes has hit Iran, with reports of blasts on the southern coasts of the country.In domestic economic news, China's new yuan loans rose to 1.61 trillion yuan in June from 520 billion yuan the previous month, topping the consensus forecast of 1.95 trillion yuan, according to Investing.com.In the first half of 2026, new yuan loans totaled 10.72 trillion yuan, down from 12.92 trillion yuan in the same period a year earlier.

Shanghai Composite^SZSE
International

China's M2 Money Supply Growth Slows to 8% in June

China's broad M2 money supply grew 8.0% year over year to 356.71 trillion yuan as of the end of June, according to data from the People's Bank of China on Wednesday.The growth rate was softer than the 8.6% expansion recorded in the previous month. It missed the consensus forecast of 8.5% tracked by Investing.com.Meanwhile, narrow money supply (M1) rose 4.0% year over year to 118.48 trillion yuan.

Shanghai Composite^SZSE
Treasury

China's Outstanding Yuan Loan Growth Accelerates to 5.3% in June

China's outstanding yuan loans grew 5.3% year over year to 279.16 trillion yuan as of the end of June, according to data from the People's Bank of China released on Wednesday.The growth rate was softer than the 5.5% expansion recorded in the previous month. It missed the consensus forecast of 5.4% tracked by Investing.com.

Shanghai Composite^SZSE
International

China's New Yuan Loans Rise to 1.6 Trillion Yuan in June

China's banks extended 1.61 trillion yuan in new yuan loans in June, according to data from the People's Bank of China on Wednesday.The figure missed the consensus forecast of 1.95 trillion yuan tracked by Investing.com, but was significantly higher than the 520 billion yuan extended in the previous month.In the first half of 2026, new yuan loans totaled 10.72 trillion yuan, down from 12.92 trillion yuan in the same period a year earlier.

Shanghai Composite^SZSE
Asia

Market Chatter: Deepseek Eyes 50 Billion Yuan in New Fundraising Round Ahead of IPO

Deepseek is looking to raise up to 50 billion yuan in a fundraising round valuing the company at 500 billion yuan, Reuters reported Wednesday, citing people with knowledge of the matter.The move comes ahead of an IPO by the AI company in the Chinese Mainland, according to the report.The company has reportedly started laying the groundwork for a 2027 IPO, according to previous reports.Deepseek did not immediately respond to' request for a comment.(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

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