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Shenzhen Composite Index

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1,069 stories mentioning Shenzhen Composite IndexUpdated 1d ago

Trading amid mixed May data from China, including faster industrial production growth but falling fixed-asset investment and retail sales.

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International

China's New Yuan Loans Fall at Record Rate in July

New yuan loans extended by Chinese banks fell by 340 billion yuan in July from June, marking the sharpest rate of drop on record, according to data from the People's Bank of China (PBOC) released late Friday.The contraction was worse than the consensus forecast of a 50 billion yuan drop, tracked by Investing.com.It compared with the 1.61 trillion yuan increase in new yuan loans in June.At the end of July, the outstanding balance of new yuan loans stood at 286.1 trillion yuan, up 5% from a year earlier.

Shanghai Composite^SZSE
International

China's Quarterly Current Account Surplus Expands in Q2

China's current account registered a surplus of $195.1 billion in the second quarter, according to data from the State Administration of Foreign Exchange on Friday.The reading compared with a $184.3 billion surplus reported in the prior quarter.In renminbi terms, the current account surplus stood at 1.334 trillion yuan.The goods account logged a surplus of $278.9 billion, versus $247.5 billion in the previous quarter, while the services account recorded a deficit of $52.4 billion, compared with $59.6 billion in the first quarter.

Shanghai Composite^SZSE
Asia

China Shares Edge Up on Liquidity Signals; Shenzhen Jove Enterprise Surges 16%

Chinese shares rose on Friday as the country's central bank injected liquidity and amid a decline in fears over the U.S. Federal Reserve hiking rates.The Shanghai Composite Index, the main gauge of Chinese stocks, ticked up 0.21 of a point to 3,927.18. The Shenzhen Component Index went up 0.5% to 14,354.31.Investor sentiment was boosted by domestic liquidity signals, as the People's Bank of China conducted 349 billion yuan in overnight reverse repurchase agreements. The central bank will continue conducting overnight reverse repo operations from Aug. 17 until Aug. 19.Also boosting investor sentiment were reduced concerns of a September rate hike by the U.S. Federal Reserve after the U.S. consumer price index rose 0.1% in July, within market expectations, CNBC reported.In company news, Shenzhen Jove Enterprise (SHE:300814) posted first-half attributable net profit of 38.6 million yuan, up 130% from 16.8 million yuan the previous year. Shares of the printed circuit board manufacturer jumped 16% Friday.

Shanghai Composite^SZSESHE:300814
Asia

DeepSeek Unveils V4 Pro With Prices Significantly Higher Than Previous Model

DeepSeek formally launched the V4 Pro model on Thursday, with its pricing several times higher than the previous model, V4 Flash, the Chinese artificial intelligence platform announced on its website.The V4 Pro's price per million input tokens during peak hours is $1.32, and $3.96 per million output tokens.Meanwhile, V4 Flash's price is $0.44 per million input tokens during peak hours and $1.32 per million output tokens.The AI platform said the newest model enhanced agent capabilities and users can flexibly choose either low, high or max levels, depending on the complexity of the task.

Shanghai Composite^SZSE
Asia

China's Central Bank Conducts 349 Billion Yuan of Overnight Reverse Repos

The People's Bank of China on Friday conducted 349 billion yuan in overnight reverse repurchase agreements, according to a same-day filing with the central bank.The PBOC will continue conducting overnight reverse repo operations from Aug. 17 until Aug. 19.

Shanghai Composite^SZSE
Asia

DiDi Global Turns to Profit in Q2 as Revenue Rises 11%

DiDi Global posted second-quarter attributable net profit of 869 million yuan, compared with a loss of 2.48 billion yuan the previous year.Loss per share narrowed to 0.16 yuan from 2.10 yuan, according to a Thursday news release.The ride-hailing platform's revenue rose 10.8% year over year to 62.5 billion yuan from 56.4 billion yuan, driven by an increase in core platform gross transaction volume.

Shanghai Composite^SZSE
Asia

US to Impose 100% Tariffs on Some Drones to Counter China

The U.S. government will impose a 100% tariff on imports of drones and their components, according to a fact sheet by the White House released Thursday.The tariffs could particularly hurt China, the world's largest drone maker, Bloomberg reported separately.The 100% rate will apply to drones with a maximum takeoff weight of more than 25 kilograms and with thermal imaging features, Washington said.The administration of President Donald Trump will also levy a 25% tariff on smaller unmanned aircraft that lack national security capabilities.Washington will also impose a 15% duty on drones and components made by the EU, Japan, Liechtenstein, South Korea, Switzerland, and Taiwan, and 10% for UK-made drones as long as their parts come from the U.S., the fact sheet showed.The tariffs will take effect 21 days after signing, while duties for non-critical drone parts will take effect after 180 days, the White House said.

^KOSDAQKOSPIShanghai Composite^SZSETaiwan Weighted
Asia

Chinese Shares Open Higher on Policy Support, PBOC Liquidity Actions

Chinese shares rose at market open on Friday, buoyed by fresh monetary policy support and liquidity injections from the central bank that helped boost investor sentiment.The Shanghai Composite Index, the main gauge of Chinese stocks, opened 0.1% higher to 3,930.02. The Shenzhen Component Index went up 0.3% to 14,335.41.The People's Bank of China on Friday started conducting overnight reverse repo operations, with the daily amount capped at 600 billion yuan. This will continue on Aug. 17 until Aug. 19.The central bank previously said that it will also introduce structural monetary policy tools and enhance the financing structure by promoting the low operation of social financing costs.

Shanghai Composite^SZSE
Asia

Shein Loses UK Copyright Lawsuit Against Temu

China-founded online shopping platform Shein lost a copyright infringement lawsuit against rival Temu filed in the UK.Shein argued Temu violated its copyright "on a substantial scale," saying that the PDD-owned platform used photos of Shein merchandise to market its own."Temu could not have known that the identified photographs did in fact infringe Shein's copyright," Judge Kelyn Bacon said in her ruling, adding that Temu was only acting as an "intermediary" for hosting third-party merchandise.Temu's rules disallow merchants from uploading photos that could violate copyright, Bacon said in her decision.In an emailed statement to, Shein said it disagrees with the court's "narrow interpretation of a complex and evolving area of law.""We do not believe that is the right outcome for brands and rights holders seeking to protect their copyright online."Shein added that "there is no dispute" about its ownership of the "thousands of photographs" in its claim, saying Temu acknowledges itself that the images sold on its website belong to Shein.Temu did not immediately respond to a request for comment.

Shanghai Composite^SZSE
Asia

China Stocks Close Lower Amid Oil Price Declines

Chinese stocks closed lower on Thursday amid a decline in oil prices and the country's central bank stopping short of signaling reductions in policy rates.The Shanghai Composite Index, the main gauge of Chinese stocks, slipped 0.5% or by 19.71 points to 3,926.96. The Shenzhen Component Index fell 0.9% or by 124.99 points to 14,289.44.Brent crude prices so far slipped by around 1%. The decline comes as investors are looking at weaker global demand this year, Reuters reported Thursday.Meanwhile, the People's Bank of China said it will increase financial support across key areas by growing domestic demand, expanding technological innovation, and supporting micro and small enterprises.Optical communications and tech companies also closed stronger on Thursday following strong forecasts from U.S. artificial intelligence firms.Suzhou TFC Optical Communication (SHE:300394) closed 7% higher, while Jiangsu Shemar Electric (SHA:603530) shares closed 4% lower despite a 34% rise in first-half net attributable profit.

Shanghai Composite^SZSESHA:603530SHE:300394
Asia

YMTC Becomes Third-Largest in NAND Shipments Worldwide, Report Says

China's Yangtze Memory Technologies entered the world's top three in NAND memory shipments for the first time, according to a report from market tracker Counterpoint released Wednesday.YMTC's market share reached 14%, nearly edging out Japan's Kioxia (TYO:285A), according to the report.Samsung Electronics (KRX:005930) is still the number one exporter of NAND devices with a 25% market share worldwide, followed by SK Hynix (KRX:000660) at second place with a 22% share, according to Counterpoint data.Despite YMTC's surge, it came in fifth in terms of revenue, behind U.S.-listed Micron and Kioxia due to its product mix, Counterpoint said.

Shanghai Composite^SZSEKRX:000660KRX:005930TYO:285A
Asia

Market Chatter: Ford to Withdraw Lincoln Production From China Due to High Tariffs

Ford said it plans to pull out the production of some of its Lincoln models from China after the Trump administration imposed high tariffs on China-made vehicles, Reuters reported Wednesday, citing Chief Executive Officer Jim Farley during a joint interview with U.S. Commerce Secretary Howard Lutnick.The carmaker decided to bring the production of the Lincoln cars to the U.S. after the tariffs were set, Farley told the media outlet.Farley confirmed that one of Ford's imports from China, the Lincoln Nautilus, was slapped with tariffs as high as 52.5%, 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

China to Boost Financial Support Across Important Areas

China will increase financial support across key areas by growing domestic demand, expanding technological innovation, and supporting micro and small enterprises, the People's Bank of China (PBOC) said in its second quarter monetary policy report released Wednesday.The central bank will also introduce structural monetary policy tools and enhance financing structure by promoting the low operation of social financing costs.The growth rate of loans to the science and technology, green and inclusive finance, elderly care, and digital economy segments exceeded the growth rate of total loans as of the end of June, the PBOC said.PBOC will also conduct overnight reverse repo operations on Aug. 14 and from Aug. 17 to 19, with the daily amount caped at 600 billion yuan.

Shanghai Composite^SZSE
Asia

Chinese Shares Gain as US Inflation Data Cools Rate Hike Expectations

Chinese shares opened on a positive note on Thursday as US inflation data aligned with market forecasts, easing pressure on the US Federal Reserve to hike interest rates in the near term.The Shanghai Composite Index, the main gauge of Chinese stocks, opened 0.3%, or 10.48 points higher, to 3,957.16. The Shenzhen Component Index added 0.8%, or 122.05 points, to 14,557.42.Sentiment was bolstered by the latest US consumer price index report, which showed inflationary pressures continued to moderate in July.Annual headline inflation slowed for the second straight month to 3.4% in July from 3.5% in June. On a month-over-month basis, the CPI edged up 0.1%, reversing the 0.4% decline the previous month."The market is still pricing a rate hike from the Fed, but we see the more likely course of action is for the Fed to hold rates steady for a prolonged period, well into 2027," ING Think economist James Knightley said in a note on Wednesday.

Shanghai Composite^SZSE
Asia

Londian Wason Jumps 11% in NYSE Debut

Londian Wason New Energy Tech shares closed 11% higher on their first day of trading on the New York Stock Exchange on Wednesday.The company's shares closed at $24.50, above the IPO price of $22, giving it a market capitalization of $2.01 billion.The Shenzhen-based copper foil maker raised $94.3 million in an upsized offering on Tuesday.The listing marked the largest U.S. debut by a Chinese company since tea chain Chagee went public in April 2025, according to Reuters.

Shanghai Composite^SZSE
Asia

Paypal Allows QR Payments to Weixin Pay Merchants in China for US App Users

Paypal has enabled its US app users to make in-store QR code payments at Weixin Pay merchants in China, according to a Wednesday release by Paypal.The payments can be made without the need for an additional app, local wallet, or Chinese bank account.The move is powered by cross-border network PayPal World and Tencent's (HKG:0700) cross-border payment platform TenPay Global, according to the release.

Shanghai Composite^SZSEHKG:0700
Asia

China Shares Rise as Tech Gains Offset Oil Fears; Yuanjie Semiconductor Technology Jumps 6%

Chinese shares rose Wednesday, with gains in the technology sector offsetting investor caution over high oil prices.The Shanghai Composite Index, the main gauge of Chinese stocks, closed 0.3% higher to 3,946.68. The Shenzhen Component Index rose 1.1% to 14,414.43.Tech stocks led the advance, with the SSE STAR 50 Index (SHA:000688), the benchmark for the 50 largest science and technology companies on the Shanghai bourse, rising 1.6%.UBS analysts said recent weakness in tech stocks appears priced in, with sentiment starting to stabilize, Reuters reported.Sentiment was weighed by high oil prices after attacks on commercial vessels in the Middle East dented hopes for a swift reopening of the Strait of Hormuz. Brent crude rose more than 2% Wednesday night to nearly $90 a barrel, Al Jazeera reported.In company news, Yuanjie Semiconductor Technology (SHA:688498) is raising its 2026 credit facility to 6 billion yuan from 2 billion yuan. Shares of the optical chip maker jumped 6% Wednesday.

Shanghai Composite^SZSESHA:000688SHA:688498
Asia

China Maps Out 2030 Vision for Modern Coal Industry

Beijing unveiled a plan to build a modern coal system by decade's end, balancing energy security with green goals, state media Xinhua News reported Tuesday.The National Development and Reform Commission and the National Energy Administration aim for peak coal use during 2026 to 2030.Large mines will account for 87% of capacity by 2030, and intelligent mines 75%. Five major supply bases will deliver over 80% of output.The plan also targets 26 billion cubic meters of coalbed methane production and 6.5 billion cubic meters of coal mine gas utilization by 2030.

Shanghai Composite^SZSE
International

Chinese Passenger Car Sales Skid 21% in July

Retail sales of passenger cars in China fell 21% year over year to about 1.5 million units in July, according to data from the China Passenger Car Association released Tuesday.Retail sales of gasoline-powered vehicles slid 41% year over year, with that of pure gasoline cars falling 44% and conventional hybrids slipping 4% year over year. Domestic branded vehicles declined 46%, all due to high oil prices, the CPCA said.New energy passenger vehicle sales fell 3.9% year over year to 951,000 units, with domestic brands declining 4%, mainstream joint ventures rising 36%, and luxury brands decreasing 23%.Retail penetration of new energy vehicles in China reached 65.1% in July, up from 53.5% a year earlier and from 63% in June.Overall retail passenger car sales in China fell 20% in the first seven months of 2026 to nearly 10.2 million units.

Shanghai Composite^SZSE
Asia

China Shares Muted at Open on Caution Ahead of US Inflation Data, Middle East Tensions

Chinese shares opened muted in negative territory on Wednesday amid investor caution ahead of the release of the U.S. Consumer Price Index report and geopolitical tensions in the Middle East.The Shanghai Composite Index, the main gauge of Chinese stocks, opened 0.54 of a point lower to 3,933.55. The Shenzhen Component Index declined 6.32 points to 14,253.12.Market participants are closely watching the upcoming U.S. consumer inflation report, which is expected to influence expectations regarding the Federal Reserve's monetary policy trajectory.Analysts anticipate the inflation data to show a downward trend, which would reinforce the case for the Fed to maintain its current rate stance rather than implementing further hikes.Investors are also disappointed by the stalled talks in the Persian Gulf, according to reports, especially after last week's over-optimistic response to promises of a breakthrough.

Shanghai Composite^SZSE

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