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Shenzhen Composite Index

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844 stories mentioning Shenzhen Composite IndexUpdated just now

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

Asia

Fitch Equalizes Ratings of Four Largest Chinese Gencos With Sovereign's

Fitch Ratings has equalized the ratings of China's four largest central government-owned power generation companies with that of the sovereign, according to a recent release.The rating agency views the companies, including China Huaneng Group, China Huadian, State Power Investment, and China Datang, as having an increasing role in the country's economic and industrial priorities.Fitch revised its assessment of the companies' roles in the preservation of government to "very strong" from "strong."The rating agency also upgraded the ratings of China Huaneng Group, State Power Investment, and China Huadian to A from A-.The power generators are necessary for China's growth and competitiveness as reliable low-cost power supply has become a key support for high-end manufacturing, AI development, and rapid electrification, Fitch said.The generators' capacity to fulfill increasing power demand will depend on their delivery of large-scale renewable projects, the rating agency said.However, system credit risk could rise if any of the generators experienced financial stress, especially given their similar business profiles and operational linkages, Fitch said.

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Asia

Market Chatter: Trump Officials Clash Over China Tech Policy Loopholes

An internal debate has consumed officials of the administration of U.S. President Donald Trump this week regarding the true scope of their year-long China technology strategy, Bloomberg News reported Friday.Sources indicate the administration may have unintentionally narrowed restrictions on Beijing's tech sector more than publicly acknowledged, according to the report.The potential gaps could permit Chinese firms like Alibaba to legally acquire servers equipped with Nvidia's most advanced AI chips outside mainland China, Bloomberg wrote.(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.)

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International

China Says It's Open To Curbing Unfair Subsidies

China said it supports discussions on fair competition, including restricting industry subsidies "that distort market competition", a Ministry of Commerce official said Thursday.Commerce Vice Minister Li Chenggang, who is also China's international trade representative, made the statement at the World Trade Organization in Paris.The remarks came after the OECD, or the Organization for Economic ​Cooperation and Development, released a report that found that Chinese firms received government grants three or eight times more than firms in OECD countries.China has rejected the report, calling it "one-sided" and "biased."

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Asia

Market Chatter: Top Chinese Insurers Start Buying Dimsum Bonds Through Bond Connect

China's top insurance companies made their pilot purchases of renminbi-denominated offshore bonds, called dimsum bonds, through the Southbound Connect program, Bloomberg News reported Friday, citing insiders.Ping An Insurance (SHA:601318, HKG:2318), China Life Insurance (HKG:2628, SHA:601628) and Taikang Insurance Group are among the top insurers that have access to the Bond Connect, the sources told Bloomberg.At least two insurers have bought the dimsum bonds since through the program, the report said.Ping An and China Life are yet to reply to' request for comment, while Taikang currently does not have an email address.In a reply, the National Financial Regulatory Administration told Bloomberg that it agreed to some of the insurers' moves to invest in eligible bonds through the program, 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.)

Shanghai Composite^SZSEHKG:2318HKG:2628SHA:601318SHA:601628
Asia

China Shares Down on Tech Selloff, Middle East Tensions; Tongding Interconnection Information Shares Fall 7%

Chinese shares were down on Friday amid a technology stock selloff and rising hostilities in the Middle East.The Shanghai Composite Index, the main gauge of Chinese stocks, declined 0.7% to 4,027.74. The Shenzhen Component Index fell 2.2% to 15,314.70.Profit-taking in technology stocks prompted a defensive shift among investors ahead of the weekend, Reuters reported. Also, a selloff driven by AI concerns after Broadcom's lackluster earnings report on Wednesday continued for a second straight day.Meanwhile, Hezbollah rejected a U.S.-brokered ceasefire deal between Israel and Lebanon.In company news, Tongding Interconnection Information (SHE:002491) completed the registration for two new companies in Shaoguan's Qujiang District in Guangdong, China. Shares of the industrial automation equipment manufacturer closed 7% lower Friday.

Shanghai Composite^SZSESHE:002491
Asia

Market Chatter: China Solar Giants Pivot to Battery Storage

Facing weaker domestic installations, slowing exports, and record-low prices, China's top solar panel makers are rushing into battery storage, Reuters reported Friday.Jinko Solar (SHA:688223) plans to boost storage capacity to up to 14 gigawatt-hours by year-end from 5 gigawatt-hours, according to the report.JA Solar (SHE:002459) showcased storage products at the International Photovoltaic Power Generation and Smart Energy Conference & Exhibition, marking a shift from pure photovoltaic displays, Reuters wrote.Trina Solar's (SHA:688599) storage shipments more than quadrupled year on year in the first quarter, according to the report.Executives see storage as "the second growth curve" as global demand for renewables storage surges, Reuters wrote.(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^SZSESHA:688223SHA:688599SHE:002459
International

Market Chatter: China Overtakes Japan in Car Exports to Australia

Chinese car exports to Australia reached nearly 36,000 units in April, overtaking Japan's 29,000 deliveries, Bloomberg News reported Friday, citing government data.The number drove Chinese car deliveries to Australia in the first four months of 2026 to above 100,000, 51% higher compared with the year-ago period, the report said.Imports from BYD (HKG:1211, SHE:002594) helped lift Chinese car imports, according to the report.Electric vehicles and hybrids comprised nearly 46% of new car sales across all sources in May, the Federal Chamber of Automotive Industries said Wednesday.(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.)

ASX 200Nikkei 225Shanghai Composite^SZSE
Asia

Market Chatter: China's Trade Council Blasts US Tariff Proposal

China's trade council blasted proposed U.S. tariffs of up to 12.5% on Chinese goods, Reuters reported Friday.The China Council for the Promotion of International Trade voiced strong dissatisfaction, calling Washington's move a unilateral deviation from global trade rules, according to the report.The Chinese business community urged the U.S. to halt trade restriction abuses and resolve differences through dialogue, Reuters wrote.(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.)

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Asia

Xi to Visit Kim Jong Un in North Korea

Chinese President Xi Jinping will visit North Korea from June 8 to 9, Xinhua News Agency reported Friday, citing a spokesperson for the International Department of the Central Committee of the Communist Party.Xi's visit to Pyongyang to meet North Korean leader Kim Jong Un is seen to showcase the Chinese leader's ability to deal with all sides "in an increasingly fractured world," Bloomberg reported separately Friday.

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Asia

China to Cut Gasoline, Diesel Prices on Friday

China will lower retail prices of gasoline by 525 yuan per ton and diesel by 505 yuan per ton, the National Development and Reform Commission said ​Thursday.The price cut is effective at midnight Friday.

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Asia

China's Onshore ESG Bond Issuance Declines 21% in Q1, Fitch Says

China's onshore ESG bond issuance dropped 21% year on year in the first quarter, a reversal from a 70% rise in 2025, Sustainable Fitch said in a recent release.Offshore issuance continued to be muted, with sovereign activity driving early second-quarter trends, the ESG data provider said.ESG-labeled panda bond issuance doubled in the first quarter, due to competitive renminbi funding rates and enhanced panda bond systems, Sustainable Fitch said.However, ESG-labeled bonds still have a small share in total panda bond issuance, driven by sovereign and supranational issuers and with limited corporate participation, the data provider said.

Shanghai Composite^SZSE
Asia

Chinese Shares Fall on New Tariff Plans; Shenzhen InfoGem Technologies Down 5%

Chinese shares declined on Thursday as the U.S. proposes additional tariffs on 60 countries, including China.The Shanghai Composite Index, the main gauge of Chinese stocks, fell 0.6% to 4,057.78. The Shenzhen Component Index went down 0.3% to 15,661.57.The administration of U.S. President Donald Trump proposed new tariffs on imports from 60 countries, citing their failure to curb trade in goods made with forced labor.The U.S. Trade Representative proposed 10% additional duties on imports from 15 economies, including the European Union and the U.K. Meanwhile, 45 countries including China would face additional duties of 12.5%.In response, China denied the presence of forced labor in the country, slamming the U.S. for using probes on the issue as a pretext for additional tariffs."There is no such thing as 'forced labor' in China, and we oppose using this as a pretext for political manipulation," said Beijing's Foreign Ministry Spokesperson Mao Ning.In company news, Shenzhen InfoGem Technologies (SHE:300085) denied online rumors that the company is under investigation. Shares of the financial technology company closed 5% lower Thursday.

Shanghai Composite^SZSESHE:300085
Asia

China Slams Proposed US Tariffs, Denies Forced Labor Claims

China denied the presence of forced labor in the country, slamming the U.S. for using probes on the issue as a pretext for additional tariffs, Beijing's Foreign Ministry Spokesperson Mao Ning said Wednesday."There is no such thing as 'forced labor' in China, and we oppose using this as a pretext for political manipulation," Mao said in a regular press briefing.Beijing has "consistently opposed all forms of unilateral tariff measures," Mao said.She also called on the U.S. to use dialogue to resolve trade issues.Section 301 inquiries by the U.S. found that 60 economies, including China and Hong Kong, failed to impose forced import prohibitions, according to a report by the U.S. Trade Representative released June 2.Following the investigation, the USTR proposed a 12.5% tariff on China, among other countries mentioned in the report.

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Asia

China's Carbon Dioxide Emissions Increase on Wastage of Power from Renewables

Chinese carbon dioxide emissions rose 2% in the first quarter due to an increase in unused power generated by renewables, according to an analysis published Thursday on Carbon Brief.Coal and gas usage for power generation grew in the same quarter despite a record amount of capacity for wind and solar power, Centre for Research on Energy and Clean Air lead analyst Lauri Myllyvirta said in the report.An increase in reported curtailment due to inflexible management of coal power plants and power grids, and not a lack of grid infrastructure, led to wasted power from renewables, Myllyvirta said.Solar and wind usage rates fell in the first quarter, Bloomberg reported separately the same day, citing data from the National New Energy Consumption Monitoring and Early Warning Center published in May.The inability to leverage fully China's wind and solar power sources could expose the country further to the effects of the closure of the Strait of Hormuz, the analysis said.

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International

China Slams OECD Report On Huge Market Subsidies

China criticized an OECD report that claimed the country had an unfair advantage when it comes to state subsidies.The report from the OECD, or the Organisation for Economic Cooperation and Development, said Beijing's support for Chinese firms across 15 key industries was three to eight times higher than the support levels found within OECD member nations.During a Thursday press conference, a spokesperson from the Ministry of Commerce said the report lacked "unified measurement standards" and is biased, one-sided, and arbitrary."China's industrial subsidy policies strictly adhere to WTO rules and earnestly fulfill its transparency obligations," the spokesperson said.

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Asia

Market Chatter: China Taps State-Backed Commission to Manage Overseas Mining Deals

Beijing has tasked the National Development and Reform Commission (NDRC) to manage the coordination of its overseas metals and mining deals, Bloomberg News reported Thursday, citing sources.Guangyan International Investment, which is owned by state firm China Minmetals, will invest in projects, as well as offer support on compliance and the planning of international contracts, the report said.In May, major metals companies, such as Zijin Mining Group (SHA:601899, HKG:2899) and China Baowu Steel Group, were told in a meeting that they would be receiving support from the government for overseas investments, sources told the media outlet.Guangyan International Investment does not have an email address, butreached out to China Minmetals for comment, and they have yet to respond.The NDRC, Zijin and Baowu did not immediately respond to' request for 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^SZSEHKG:2899SHA:601899
Asia

Market Chatter: China Southern Power Stops Pursuing $4 Billion Transelec Deal

China Southern Power Grid halted efforts to gain control of Transelec, Chile's largest power transmission company, following about two years of negotiations, Bloomberg News reported Wednesday.The Chinese state-owned electricity enterprise, which already holds nearly 28% of Transelec, ended talks with Canadian pension funds owning the remaining 72% stake, the report said, citing people familiar with the matter.The sources said the potential transaction, valued at over $4 billion, faced disagreements over valuation and structure, Bloomberg reported.However, the broader political environment also weighed heavily on the talks, as the U.S. urged Latin American governments to scrutinize Chinese investments in critical infrastructure, the sources reportedly 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.)

Shanghai Composite^SZSE
Asia

China's Q1 ESG Bond Issuance Down 21%

China's onshore ESG-labeled bond issuance dropped 21% year on year in the first quarter, following a strong 70% rebound in 2025, according to a Wednesday news release from Sustainable Fitch.Offshore issuance remained subdued, though sovereign activity supported early Q2 momentum.Onshore social bonds were resilient, with corporate participation broadening across utilities and infrastructure.ESG-labeled panda bond issuance doubled annually in Q1, driven by competitive renminbi funding rates, but remained a small fraction of total panda bonds.

Shanghai Composite^SZSE
Asia

Market Chatter: Tencent, CATL Among Investors in DeepSeek's Debut Funding Round

Sources said DeepSeek counts Tencent (HKG:0700) and Contemporary Amperex Technology (SHE:300750, HKG:3750), or CATL, as investors in its debut external funding round, Reuters reported Wednesday.The Chinese artificial intelligence startup is set to raise 50 billion yuan, which could value DeepSeek between 350 billion and 400 billion yuan, according to the report.The fundraising breaks from founder Liang Wenfeng's previous strategy of relying solely on his quant hedge ​fund High-Flyer to back operations, Reuters wrote.(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:3750SHE:300750
International

Port Economy Output in Chinese Port Cities Rises in 2025

The added value of the port economy of China's seaport cities reached 7 trillion yuan in 2025, Xinhua reported Tuesday, citing a report by an institute under the Ministry of Transport released during an international shipping expo.The added value of the port economy in the country's inner port cities reached 2.7 trillion yuan, equivalent to 9.7% of their total economic input.Chinese cities' port economy refers to aggregate economic activities around ports.

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