Shenzhen Composite Index

Market Chatter: US to Restrict Imports of Foreign-Made Inverters Over Interference Concerns

The U.S. Federal Communications Commission is looking to restrict imports of inverters connecting solar projects and batteries to the grid amid concerns China could use the devices to interrupt power supplies, Reuters reported Tuesday, citing five people with knowledge of the matter.The FCC's rules could go live as early as this year and would apply to new models, the report said.The administration of U.S. President Donald Trump rekindled the proposal after the European Union made a similar decision, Reuters said.The FCC did not immediately respond to a request 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.)

FCC to Vote on Blocking Sales of US Devices with Parts from Blacklisted Firms

The U.S. Federal Communications Commission will vote to bar the sale of devices in the country that contain components from blacklisted companies, Chairman Brendan Carr said in a blog post Tuesday.The FCC measure will "close a loophole" and "protect Americans from electronic devices that have been determined to pose unacceptable risks to the national security of the United States," Carr said in his post.The commission keeps a list of entities whose equipment are not allowed for sale in the U.S., among them Huawei Technologies, due to national security concerns, Reuters reported separately.However, FCC regulations do not prohibit U.S. sales of smartphones that contain chips, for instance, of Huawei chip unit HiSilicon, according to the news agency.Huawei did not immediately respond to a request for comment from.

Market Chatter: World Bank to Cut Off China Loans by 2031

The World Bank plans to gradually end new lending to China by 2031, limiting financing at $2 billion through that date, Reuters reported Wednesday, citing sources familiar with the plan.While no formal vote is mandated, the World Bank's board plans to review the initiative during the seven-day period beginning July 20, according to the report.This decision, part of a new five-year partnership framework, reflects China's transformation into the world's second-largest economy, Reuters wrote. Annual lending to China has already fallen to $750 million in 2025 from $2.4 billion in 2017.A World Bank official said China's development in recent decades is "significant," and the institution is now transitioning to a renewed relationship recognizing this evolved reality, according to the report.China's embassy in the U.S. did not immediately respond to a request 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.)

China Sees Mixed Trade as Manufacturing Expansion Slows

Chinese shares opened mixed on Wednesday as the manufacturing sector continued to expand albeit at a slower pace.The Shanghai Composite Index, the main gauge of Chinese stocks, opened 0.1% lower to 4,090.76. The Shenzhen Component Index rose 0.1% to 16,226.98.China's manufacturing output expanded for a seventh straight month in June, though the pace slowed to a three-month low.The manufacturing sector expanded at a slower pace last month as the headline RatingDog China General Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, eased to a three-month low of 51.7.The latest reading, which provides a gauge of factory sector conditions, compared with 51.8 recorded in the previous month and missed the 51.9 market expectation tracked by Investing.com.

International81d ago

China's Factory Activity Growth Eases in June, RatingDog Survey Shows

China's manufacturing sector expanded at a slower pace in June as the headline RatingDog China General Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, eased to a three-month low of 51.7, according to data released on Wednesday.The latest reading, which provides a gauge of factory sector conditions, compared with 51.8 recorded in the previous month and missed the 51.9 market expectation tracked by Investing.com.A reading above 50 indicates an expansion in sector performance compared with the prior month, while a figure below signals a contraction.The manufacturing sector completed its strongest quarter since the fourth quarter of 2020, supported by sustained growth in new orders, easing cost pressures and a rebound in employment.Manufacturing output expanded for a seventh straight month, though the pace slowed to a three-month low.The employment index returned to growth for the first time in three months, with job creation reaching its fastest pace since August 2023. Business sentiment remained positive but softened to its lowest level since January.

Shanghai Composite^SZSESHA:688141

China Shares Rise on Broad-Based Recovery; JoulWatt Technology Jumps 7%

Chinese shares advanced on Tuesday amid a modest acceleration in overall business activity.The Shanghai Composite Index, the main gauge of Chinese stocks, went up 0.5% to 4,0940.40. The Shenzhen Component Index jumped 2.5% to 16,205.56.Overall business production and operational activities in China expanded in June, with the official Composite PMI Output Index rising to 50.6 from 50.5 in May, driven by synchronized momentum between the manufacturing and non-manufacturing sectors.Factory activity recovered, with the official manufacturing Purchasing Managers' Index coming in at 50.3 from a neutral print recorded the previous month. The non-manufacturing business activity index came in at 50.2, the joint-highest since December 2025, compared with 50.1 in the previous month.In company news, JoulWatt Technology (SHA:688141) investee fund Huai'an Houwang will inject 40 million yuan for a 7.69% stake in the company's automotive-grade chip packaging and testing subsidiary. The semiconductor company also proposed to pledge its 61.32% stake in its subsidiary, Zhejiang Yucan Technology, for a 120 million yuan loan it will apply for. Shares of JoulWatt Technology closed 7% higher Tuesday.

Market Chatter: ByteDance Pushes Ahead with In-House AI Chip Development

Amid plans for mass production and wider rollout in the second half of the year, sources said TikTok parent ByteDance is racing to finalize the design of its next-generation custom processor by early 2027, The South China Morning Post reported MondayAn early test version of the chip has already been used internally since late 2025, according to the report.Depending on demand, the social media giant may accelerate the tape-out process, the critical final design stage before manufacturing begins, the SCMP wrote.Bytedance did not immediately respond to a request 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:3750HKG:3931SHE:300207SHE:300750

China's Battery Industry Introduces Supplier Payment Rules

The China Automotive Battery Innovation Alliance and the Zhongguancun Energy Storage Industry Technology Alliance on Monday jointly issued an initiative to standardize payment practices for power and energy storage battery suppliers.The initiative calls for materials and components to be accepted within seven working days where conditions are met, with payment terms calculated from the delivery or acceptance date, according to a statement published Monday on Shanghai Metals Market.CATL, CALB, and Sunwoda-all alliance members-committed to paying their suppliers for materials and parts within 60 days, The Standard reported Monday.China's Ministry of Industry and Information Technology backed the move and said 11 battery makers have responded to the initiative, according to state media Xinhua News.The ministry said it will coordinate across departments to address implementation issues swiftly, while promoting fair partnerships throughout the battery supply chain to keep the industry on a healthy, sustainable track.

Market Chatter: China's LNG Imports Expected to Stay Flat in June

China's liquefied natural gas or LNG imports for June are expected to remain flat year on year, according to Bloomberg News, citing data from vessel-tracking researcher Kpler.Kpler estimated that China bought about 5.29 million tons of super-chilled fuel this month, which aligns with the year-ago volumes, the report said.China ramped up its purchases to meet demand amid lower domestic output and the reduction of storage levels, while declining global prices were also a factor in the increase in the country's purchases, according to the media outlet.(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:0123

Fitch Expects Deeper Decline in China Home Sales

Fitch Ratings lowered its 2026 China new-home sales forecast to a decline of between 11% and 13% from a decline of between 7% and 8% as weakness in lower-tier cities continues to overshadow pockets of recovery.The shift also reflects a growing share of housing demand being absorbed by existing-home transactions in major metros, according to a Monday research note.The downturn is moderating from 2025's steeper slide, with the rating agency expecting further stabilization in 2027 amid policy support and gradual sentiment improvement.Market performance remains uneven, with Shanghai leading resilience in tier-one cities, while Guangzhou struggles with larger land supply.Most rated state-owned builders, except Yuexiu Property (HKG:0123), reported sales growth in the first five months of the year. Margins are expected to stay pressured as developers work through older land banks.

ASX 200Hang SengNikkei 225Shanghai Composite^SZSE

Asia-Pacific Banks Stable Amid Negative Market Events, S&P Says

Asia-Pacific banks continue to be stable despite lingering adverse market events such as the Middle East conflict and inflationary pressures, S&P Global Ratings said on Tuesday.The region's banks have limited direct Middle East exposure, S&P financial institution ratings sector lead Gavin Gunning said.Spillover effects from the conflict pose the greatest risk for the banks, with the indirect impact being manageable but increasing for certain economies, Gunning said.S&P holds a stable outlook on 92% of rated Asia-Pacific banks, indicating stable trends over the next one to two years.Financial institutions have ample buffers for war-linked constraints, although credit losses could increase by $180 billion under S&P's downside scenario.Banks also face medium risk from the negative hit of technological advancements such as AI-linked cyber risks, S&P said.

Eu, China Set October Dedline to Iron Out Trade Differences

The European Union and China plan to work through their trade differences after leaders from both sides set an October deadline to reset ties.EU trade chief Maros Sefcovic said representatives from both sides will address issues including the matter of subsidized Chinese goods flooding the bloc as well as export controls that have squeezed Europe's access to essential supplies from China, Bloomberg reported Tuesday.Meanwhile, China's Ministry of Commerce said it had authorized officials to maintain communications with the EU on balance of trade, export control, intellectual property rights, and World Trade Organization reform.

Shanghai Composite^SZSEHKG:1788

US Markets82d ago

China's June Composite PMI Hits Highest Since Late 2025 on Factory, Services Growth

China's official Composite PMI Output Index, which measures overall business output and operational activities in the country, rose to 50.6 in June from 50.5 in May, according to data from the National Bureau of Statistics on Tuesday.A reading above 50 indicates expansion, while a figure below signals a contraction. The latest print marked the highest since the 50.7 reading in December 2025.The improvement was driven by synchronized momentum between the index's two core components.Chinese factory activity accelerated in June on a surge in computer, communication, and electronic equipment manufacturing. The official manufacturing Purchasing Managers' Index or PMI came in at 50.3 from a neutral reading in May.The reading was also better than the consensus forecast of 50.2 tracked by Investing.com.Manufacturing PMI for the computer, communication and electronic equipment segment stood at 54 in June, NBS Statistician Huo Lihui said in a press release.The PMI for high-technology manufacturing was at 53.5, higher than the overall manufacturing sector. The rise signals more confidence in the sector, Huo said."The development of high-end manufacturing continued to improve and its leading role was further strengthened," Huo said in his statement accompanying the release.Among the main sub-indices, the new orders index climbed to 51.2 from 49.9, the raw materials inventory index fell to 48.4 from 48.6, and the supplier delivery time index rose to 49.9 from 49.2 in May.The employment index edged up to 48.5 from 48.6, the NBS said.Meanwhile, business activity in China's non-manufacturing sector expanded in June, with the official non-manufacturing PMI coming in at 50.2, above the 50.1 reading in May and beating the consensus forecast of 49.9 tracked by Investing.com.The new orders index climbed to 48 from 45 while the input price index fell to 49.7 from 52.2.The non-manufacturing employment index edged up to 45.8 from 45.6, while the business activity expectation index came in at 55.3, up from 54.8 in May.By industry, the business activity index for the services sector rose to 50.4 from 50.3 in May.The subindex for the construction industry remained in contraction territory at 49 but improved from the 48.8 reading in May.While the indicators increased above forecasts, the June release should be seen as a "moderately positive surprise for markets," Bloomberg quoted Guotai Junan International Holdings (HKG:1788) Chief Economist Hao Zhou as saying.Despite the rises, recovery remains uneven as employment and manufacturing inventories are still within contractionary territory, Hao reportedly said.China's pivot to a domestic demand-driven economy also shows a "sputtering" of the growth engine, and policy support will be needed to ensure balanced growth in the run-up to the Politburo meeting in July, ING Think Chief Economist Lynn Song said in a separate note.

^BSE^HNX^HOSE^JKSEFTSE Bursa Malaysia KLCI^KOSDAQKOSPINikkei 225Nifty 50^PSEI^SETShanghai Composite^STI^SZSETaiwan Weighted

Asia-Pacific Capital Market Confidence Hits Record High in 2026: ASIFMA Survey

Confidence in Asia-Pacific (APAC) capital markets reached a record high, with 66% of financial firms planning regional expansion over the next three years, according to the 2026 edition released Tuesday by the Asia Securities Industry and Financial Markets Association (ASIFMA) in collaboration with KPMG.However, there was intense competition among APAC jurisdictions in terms of capital and investment.Companies are becoming more stringent in allocating their resources, with expansion plans shifting across markets as they prioritize more attractive individual APAC economies, the release said.Singapore remained the top-ranked Asia-Pacific market for ease of doing business, while Hong Kong remained at second place. India and mainland China improved their rankings, rebounding from last year's declines.The most attractive markets were those with open capital accounts, internationalized talent pools, predictable regulatory frameworks, and active two-way industry dialogue, it said.

Chinese Shares Slip at Market Open on Conflicting US-Iran Talks News

Chinese shares opened lower on Monday amid conflicting news regarding the U.S.-Iran talks.The Shanghai Composite Index, the main gauge of Chinese stocks, declined 0.4% to 4,058.17. The Shenzhen Component Index inched down 1.20 points to 15,811.67.While Iran says it has no talks arranged with the U.S. for the next several days, the American side maintains a contrasting stance. U.S. President Donald Trump said there is a planned session in Qatar on Tuesday, and two officials said U.S. negotiator Steve Witkoff is on his way to Doha.In economic news, overall business production and operational activities in China expanded in June, with the official Composite PMI Output Index rising to 50.6 from 50.5 in May.Factory activity recovered, with the official manufacturing Purchasing Managers' Index coming in at 50.3 from a neutral print recorded the previous month. The non-manufacturing business activity index came in at 50.2, the joint-highest since December 2025, compared with 50.1 in the previous month.

China's Official Non-Manufacturing PMI Expands in June

Business activity in China's non-manufacturing sector expanded in June, with the official non-manufacturing Purchasing Managers' Index (PMI) coming in at 50.2, according to data from the National Bureau of Statistics released on Tuesday.A reading above 50 indicates expansion, while a figure below signals a contraction.The latest print beat the consensus forecast of 49.9 tracked by Investing.com, and compared with the 50.1 recorded in the previous month.By industry, the business activity index for the services sector rose to 50.4 from 50.3 in May. The subindex for the construction industry remained in contraction territory at 49, but improved from the 48.8 reading in May.Among the main sub-indices, the new orders index climbed to 48 from 45, the input price index fell to 49.7 from 52.2, the employment index edged up to 45.8 from 45.6, while the business activity expectation index came in at 55.3, up from 54.8 in May.

China's Official Manufacturing PMI Rebounds in June

Factory activity in China recovered in June, with the official manufacturing Purchasing Managers' Index (PMI) coming in at 50.3 from a neutral print recorded the previous month, according to data from the National Bureau of Statistics released on Tuesday.A reading above 50 indicates expansion, while a figure below signals a contraction.The latest print beat the consensus forecast of 50.2 tracked by Investing.com, and compared with the neutral reading of 50 recorded in the previous month.By enterprise size, the PMI for large-sized enterprises fell to 50.7, down from 51.1 May, while the indices for medium-sized enterprises rebounded to 50.5 from 48.6, and small-sized enterprises edged down to 48.2 from 48.5.Among the main sub-indices, the new orders index climbed to 51.2 from 49.9, the raw materials inventory index fell to 48.4 from 48.6, the employment index edged up to 48.5 from 48.6, while the supplier delivery time index came in at 49.9, up from 49.2 in May.

China's Official Composite PMI Output Index Jumps to Six-Month High in June

Overall business production and operational activities in China expanded in June, with the official Composite PMI Output Index rising to 50.6 from 50.5 in May, according to data from the National Bureau of Statistics on Tuesday.A reading above 50 indicates expansion, while a figure below signals a contraction. The latest print marked the highest since the 50.7 reading in December 2025.The index, which tracks the aggregate performance of both the manufacturing and non-manufacturing sectors, was driven by synchronized momentum between its two core components.The manufacturing production index stood at 50.3, compared with the neutral reading of 50 in May, while the non-manufacturing business activity index came in at 50.2, the joint-highest since December 2025, compared with 50.1 in the previous month.

People's Bank of China Injects 300 Billion Yuan in Maiden Overnight Reverse Repo

The People's Bank of China (PBOC) conducted overnight reverse repo operations in the open market, offering 300 billion yuan to financial institutions, according to an online statement, which did not specify the rate of interest.It marks the central bank's first-ever overnight reverse repurchase operation.The PBOC also injected an additional 157.5 billion yuan through seven-day reverse repos, with the rate unchanged at 1.4%, according to the statement.The market was expecting the central bank to set the overnight reverse repo rate around 1.35%, according to a Bloomberg survey on Friday.