FINWIRES · TerminalLIVE
FINWIRES

Shenzhen Composite Index

^SZSE
IndexIndex

1,070 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.

What's the latest news on Shenzhen Composite Index?

China Threatens Retaliation After Pentagon Adds Alibaba, Baidu, BYD to Military Blacklist
US Markets

China Threatens Retaliation After Pentagon Adds Alibaba, Baidu, BYD to Military Blacklist

China's Ministry of Commerce on Saturday threatened to retaliate after the US Defense Department added a number of Chinese companies, including Alibaba (HKG:9988), Baidu (HKG:9888) and BYD (HKG:1211, SHE:002594), to its list of firms it deems linked with the Chinese military."China will resolutely and forcefully retaliate, and the US will bear full responsibility for the consequences," a spokesperson for the Ministry of Commerce said over the weekend, adding that "China expresses its strong dissatisfaction and firm opposition" to the designations.The Pentagon published its updated Section 1260H list on June 8, which supersedes an earlier version from January 2025. The updated roster now also includes electric-vehicle maker Nio (HKG:9866), pharmaceutical research and manufacturing services provider WuXi AppTec (HKG:2359, SHA:603259), AI robotics company Robosense Technology (HKG:2498), and Unitree Robotics, which is currently pursuing an initial public offering in Shanghai. Nvidia recently said it plans to collaborate with Unitree to build robots.The list also names telcos China Mobile (HKG:0941, SHA:600941), China Telecom (HKG:0728, SHA:601728), and China Unicom (HKG:0762), as well as chipmaker Semiconductor Manufacturing International (HKG:0981, SHA:688981), Huawei Technologies, Contemporary Amperex Technology (SHE:300750, HKG:3750) and Tencent (HKG:0700), most of which were added in January.The June update also reinstated ChangXin Memory Technologies and Yangtze Memory Technologies on the list after they were withdrawn from the February version. Both companies are among China's leading memory chipmakers and are currently pursuing public listings.As the Pentagon noted, being on the list means an entity is identified as a contributor to China's "Military-Civil Fusion strategy," supporting the modernization goals of the People's Liberation Army "by ensuring it can acquire advanced technologies and expertise developed by PRC companies, universities, and research programs that appear to be civilian entities."While these Chinese companies face no formal sanctions under the list, the Pentagon is prohibited from entering into, renewing or extending contracts with them or acquiring their products starting June 30, 2026.Several newly listed companies pushed back, with Alibaba saying it is "not a Chinese military company nor part of any military-civil fusion strategy." The company warned that it will take "all available legal action against attempts to misrepresent the company."Baidu said there was "no justification" for its inclusion, adding that it does not expect the designation to impact its business.BYD, which recently toppled Tesla as the world's top electric vehicle seller, echoed Alibaba and Baidu's statements, adding that the move will not impact its business.Meanwhile, analysts from Jefferies said the update was largely anticipated, noting that an earlier version of the list had briefly appeared in February before being withdrawn without explanation.Jefferies also noted on June 9 that while the Defense Department is prohibited from procurement of goods and services from entities in the list, "it does not restrict US citizens from engaging in trading activity with the listed companies."In a separate Jefferies note on June 9, analysts from the bank said 10 companies were removed from the list, including, most notably, CNOOC (HKG:0883, SHA:600938)."The immediate implication for companies on the 1260H list is that they are prohibited from providing any goods or services to the US military directly or via contractors. We believe the final decision-maker is the US president," said Jefferies."President Trump has just concluded his China trip, and, in our view, the US-China relationship is moving in an incrementally positive direction. In our view, President Trump is largely occupied with Iran, the high oil price (thus higher inflation risk), and the upcoming mid-term election, implying there will be less motivation for the US to escalate geopolitical tension with China."

Shanghai Composite^SZSEHKG:0700HKG:0728HKG:0762HKG:0883HKG:0941HKG:0981HKG:1211HKG:2359HKG:2498HKG:3750HKG:9866HKG:9888HKG:9988SHA:600938SHA:600941SHA:601728SHA:603259SHA:688981SHE:002594SHE:300750
Asia

Market Chatter: CXMT Secures Approval for 29.5 Billion Yuan Shanghai IPO

China's securities regulator approved the initial public offering registration of dynamic random-access memory chipmaker CXMT Corp, Xinhua News Agency reported Friday.CXMT plans to raise 29.5 billion yuan through a listing on Shanghai's STAR Market, which would rank as the second-largest listing of the STAR Market and the largest on China's A-share market this year.(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, Iran Reach Peace Agreement, Formal Signing Due Friday

U.S. and Iranian officials have confirmed a peace agreement to end the war and reopen the Strait of Hormuz, with a formal pact expected to be signed in Switzerland on Friday.U.S. President Donald Trump said in a post on Truth Social that the agreement with Iran was "complete" and authorized the immediate lifting of the U.S. naval blockade.Separately, Iran's Deputy Foreign Minister Kazem Gharibabadi confirmed that an agreement had been reached to end the conflict, according to multiple media reports.Pakistan Prime Minister Shehbaz Sharif, who mediated the negotiations, said in a post on X that the peace accord would be signed on Friday, June 19.Sharif added that both sides had agreed to an immediate and permanent cessation of military operations across all fronts, including in Lebanon.

^BSE^HNXHang Seng^JKSEFTSE Bursa Malaysia KLCIKOSPINikkei 225^NSE^PSEI^SETShanghai Composite^STI^SZSETaiwan Weighted
International

China's Total Social Financing Accelerates to 2.03 Trillion Yuan in May

China's total social financing (TSF), a broad measure of credit and liquidity in the economy, expanded to 2.03 trillion yuan in May from 620 billion yuan in the previous month, according to data from the People's Bank of China (PBOC) released on Friday.The reading beat the consensus forecast of 1.87 trillion yuan tracked by Investing.com.Outstanding TSF growth slowed to 7.7% year over year at the end of May, totaling 458.81 trillion yuan. The slowdown was due to a drop in outstanding foreign currency loans to the real economy and outstanding undiscounted bank acceptance bills.

Shanghai Composite^SZSE
International

China's Outstanding Yuan Loans Grow at Softer Pace in May

China's outstanding yuan loans grew 5.5% year over year at the end of May to 281.02 trillion yuan, according to data from the People's Bank of China (PBOC) released on Friday.The pace of expansion was softer than the 5.6% growth recorded in the previous month. The latest print was in line with the consensus forecast tracked by Investing.com.The outstanding balance of yuan and foreign currency loans at the end of May rose 5.4% year over year to 284.79 trillion yuan, also slowing from the 5.5% increase in April.

Shanghai Composite^SZSE
International

China's Broad Money Supply Growth Steady in May

China's broad M2 money supply grew 8.6% year over year to 353.7 trillion yuan as of the end of May, according to data from the People's Bank of China (PBOC) released on Friday.The pace of expansion was unchanged from the growth recorded in April. It was also in line with the consensus forecast tracked by Investing.com.Meanwhile, narrow money supply (M1) rose 5.5% at the end of May to 114.89 trillion yuan, faster than the 5% increase in April. Currency in circulation (M0) stood at 14.69 trillion yuan, up 11.9% year over year, slowing from the 12.2% growth in the previous month.

Shanghai Composite^SZSE
International

China's New Yuan Loans Return to Growth to 520 Billion Yuan in May

China's banks extended 520 billion yuan in new yuan loans in May, according to data from the People's Bank of China (PBOC) released on Friday.The monthly credit expansion beat the consensus forecast of 550 billion yuan tracked by Investing.com, and recovered from the 10 billion yuan drop in new loans recorded in April.For the first five months of 2026, new yuan loans in China totaled 9.11 trillion yuan, boosted by higher loans to enterprises and institutions.

Shanghai Composite^SZSE
Asia

Market Chatter: China Central Bank Instructs State-Owned Lenders to Temper Interbank Lending

The People's Bank of China told state-owned banking giants to slash their borrowings from the interbank market to prevent a plummet in interest rates to below the policy rate, Bloomberg reported Friday, citing people familiar with the matter.China's central bank issued what is known as "window guidance" during times of volatility or when they want to manage the speed of credit extension, according to Bloomberg.Beijing's instruction is seen to help banks to temper market expectations around access to liquidity, as well as manage the speed of credit extension amid global energy shocks, 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^SZSE
Asia

China Shares Up on US-Iran Peace Deal Hopes; Dcenti Auto-Parts Jumps 10%

Chinese shares rose on Friday amid rising market optimism stemming from a potential peace agreement between the U.S. and Iran.The Shanghai Composite Index, the main gauge of Chinese stocks, rose 1.1% to 4,031.51. The Shenzhen Component Index climbed 0.8% to 14,963.41.U.S. President Donald Trump backed away from earlier military threats against Iran, claiming a peace deal is imminent. He said Supreme Leader Mojtaba Khamenei has approved a plan to be finalized within days, opening the door to nuclear talks.However, Iran dismissed the claims. The country's foreign ministry spokesperson said no final decision has been made, calling reports of an agreement "merely speculation."In regulatory news, the central banks of China and Indonesia agreed to explore expanding the size of their bilateral currency swap arrangement, as well as reaffirmed their commitment to increasing the use of local currencies in bilateral transactions.On the economic front, the World Bank trimmed its 2026 growth forecast for China to 4.2% on lower domestic demand and consumer confidence. The June reading is 0.2 of a percentage point lower than the 4.4% growth forecast in January.In company news, Guangdong Dcenti Auto-Parts (SHA:603335) plans to transfer a 108,079-square-meter industrial plot to the Taishan Land Development and Reserve Center for 107.7 million yuan. Shares of the auto parts maker surged 10% Friday.

Shanghai Composite^SZSESHA:603335
Asia

Market Chatter: Japanese Industry Group Calls for Clarity on China's Export Controls

The Japanese Chamber of Commerce and Industry in China has requested greater transparency in China's export controls on dual-use items, saying these have affected the supply of rare earths, Nikkei Asia reported Thursday.Japanese companies have seen tighter rare-earth supply following stricter export restrictions imposed by China amid diplomatic tensions between the two countries, the report cited Tetsuro Homma, head of the group, as saying.The controls have even affected items "purely for civilian purposes," the report cited the group as saying.The measures include a ban on exports of items for both civilian and military use to 20 Japanese defense-linked entities, with 20 other Japanese companies and organizations included in a watchlist, the report said.Meanwhile, the Chinese Commerce Ministry said the export controls are specific to only a few Japanese entities, with no impact on normal exchanges between the two nations, 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.)

Nikkei 225Shanghai Composite^SZSE
Asia

Market Chatter: China's Dreame Technology Explores Hong Kong Listing

Chinese robot appliance maker Dreame Technology is considering a Hong Kong listing that could raise several hundred million dollars, Bloomberg reported Friday, citing people familiar with the matter.The firm has hired advisers for the potential listing, though deliberations are ongoing and details may change, 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 SengShanghai Composite^SZSE
International

World Bank Trims 2026 Growth Forecast for China to 4.2%

The World Bank trimmed its 2026 forecast for China to 4.2% on lower domestic demand and consumer confidence, according to a report released Thursday.The reading in June is 0.2 percentage points lower than the 4.4% growth forecast in January.The multilateral lender also attributed the downward forecast to continued property sector adjustment and a decline in the labor force.

Shanghai Composite^SZSE
World Bank Cuts Growth Forecasts for Japan, China as Middle East Conflict Weighs on Asia
US Markets

World Bank Cuts Growth Forecasts for Japan, China as Middle East Conflict Weighs on Asia

The World Bank trimmed its 2026 growth forecasts for Japan and China on Thursday, citing rising energy prices, disrupted trade, and weakening demand stemming from the conflict in the Middle East.Global growth is forecast to slow to 2.5% in 2026, down from 2.9% in 2025, the weakest pace since the onset of the COVID-19 pandemic, according to the organization's June 2026 Global Economic Prospects report.The World Bank cut its 2026 growth forecast for Japan to 0.7% from its January estimate of 0.8% as rising energy prices weigh on consumption and exports. In 2025, the economy grew by an estimated 1.1%.GDP growth is expected to recover modestly to 0.9% in 2027 before easing again to 0.8% in 2028 as domestic demand improves on the back of lower inflation and higher wages.Meanwhile, growth in East Asia and the Pacific is projected to moderate to 4.2% in 2026 from 5% in 2025, with China's deceleration driven by subdued domestic demand amid low consumer confidence, the continued property sector adjustment, and a soft labor market, the World Bank said.Growth in China is projected to ease to 4.2% in 2026 from the estimated 5% increase in 2025. The latest forecast is down from the 4.4% estimate the World Bank issued in January.Momentum is expected to accelerate to 4.3% in 2027 before decelerating again in 2028 to 4.2%, "as energy prices ease while diminishing returns to capital, high debt, and demographic pressures continue to lower China's potential growth."Elsewhere, in South Asia, growth is projected to soften to 6.3% in 2026 from 7% in 2025, mainly reflecting the adverse impact of the Middle East conflict, including shortages of energy and agricultural products that put upward pressure on energy and food prices, according to the World Bank.However, the latest forecast for the region was up from 6.2% in January.Growth in India is projected to moderate to 6.6% in fiscal year 2026/27 from 7.7% in 2025, reflecting a slowdown in private demand growth as a result of higher energy prices and other input costs, though a reduction in Goods and Services Tax rates is expected to provide some support for consumer spending.In January, the World Bank estimated India's GDP growth for 2026 at 6.5%."Developing countries have faced a series of challenges over the last decade," said Ajay Banga, President of the World Bank Group."In response to the current shock, we are providing liquidity where it is needed now - and we are ready with additional financing, guarantees, and private-sector solutions if pressures deepen. Our job is to help countries steady the ship, keep reforms moving, and emerge stronger on the other side."Brent crude oil prices are projected to average $94 a barrel in 2026, 36% above 2025 levels, assuming that shipping through the Strait of Hormuz remains severely disrupted through July, the World Bank said.The institution warned that if energy supply disruptions prove more severe than currently assumed and are exacerbated by substantial financial stress, global growth could fall to 1.3% in 2026, with inflation forecast to rise to 4.4%.

^BSENikkei 225^NSENifty 50Shanghai Composite^SZSE
International

World Bank Forecasts Slower East Asia-Pacific Growth in 2026

The World Bank lowered its 2026 economic growth forecast for the East Asia and Pacific region as the conflict in the Middle East raises energy costs, disrupts supply chains, and weighs on external demand.The international organization said it expects growth in East Asia and the Pacific to moderate to 4.2% in 2026 from 5.0% in 2025, according to its Global Economic Prospects report released Thursday.Growth in the region is projected to edge up to 4.3% in 2027 and 2028 as energy prices ease and geopolitical uncertainty diminishes.Excluding China, economic growth is forecast at 4.4% in 2026, down from 4.8% in 2025, before improving to 4.9% in 2027 and 2028.

Hang Seng^JKSEFTSE Bursa Malaysia KLCI^PSEI^SETShanghai Composite^SZSE
Asia

Market Chatter: Asia May Face Stagflation Amid Middle East Crisis, ADB President Says

With the war in the Middle East driving up inflation in global economies, Asian economies are at risk of stagflation, Nikkei Asia reported Thursday, citing Asian Development Bank President Masato Kanda.As inflation pressures mount, "There is now a risk of stagflation spiral" due to "declines in demand through lower real wages, and increases in debt burdens from higher interest rates," Kanda told the news outlet on the sidelines of Nikkei's annual Future of Asia forum.According to Kanda, higher shipping, energy, and input costs will lead to a further rise in consumer prices in Asia. There was a risk that the supply chain system would "physically stop functioning," he said.Asian countries are especially impacted by the energy crisis arising from the Middle East war, as they are highly dependent on energy imports that come in through the Strait of Hormuz, the report added."In addition to diversification of the destination of oil and gas, accelerated use of renewable energy and safe nuclear power, as well as stronger energy saving, should have been promoted," Kanda 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.)

^BSEHang Seng^JKSEFTSE Bursa Malaysia KLCIKOSPINikkei 225^NSENifty 50^PSEI^SETShanghai Composite^SZSETaiwan Weighted
Asia

Bank Indonesia, China's Central Bank Strengthen Currency Swap Cooperation

The central banks of Indonesia and China agreed to explore expanding the size of their bilateral currency swap arrangement, as well as reaffirmed their commitment to increasing the use of local currencies in bilateral transactions.To that effect, a memorandum of understanding on local currency transactions involving Bank Indonesia, the People's Bank of China and the Hong Kong Monetary Authority was signed, according to a Thursday release by Bank Indonesia. The agreement aims to promote the use of local currencies in trade and investment, improve transaction efficiency, and support deeper regional financial integration.The two central banks also launched the Indonesia-China cross-border QR payment system, while Bank Mandiri (IDX:BMRI) was designated as a direct participant in China's Cross-border Interbank Payment System to streamline clearing and settlement processes.Bank Indonesia and the People's Bank of China also signed another MoU to establish a Renminbi clearing arrangement in Indonesia, which is expected to ensure sufficient liquidity for trade, investment and financial activities.

^JKSEShanghai Composite^SZSEIDX:BMRI
Asia

China's Power Storage Sector to Drive Energy Transition, S&P Says

China's power storage sector is key to resolving the country's energy bottlenecks, S&P Global Ratings said in a recent release.The sector will anchor wind and solar integration, lessen curtailment, and boost system reliability, S&P said.Greater storage will also facilitate renewable power companies' shift to market-based pricing, the rating agency said.S&P expects battery energy storage systems to grow faster amid a rise in the renewable energy mix that also includes pumped-hydro projects.Independent power producers will see additional revenue sources through the battery projects, which will also hedge against increasingly unstable spot market prices, S&P credit analyst Scott Chui said.Better economics and revenue visibility should encourage more energy companies to invest in power storage and narrow risks of intermittent renewable power, S&P said.The rating agency expects players to sufficiently cushion against upcoming large investments, estimated at 1 trillion renminbi over the next five years, in line with their capital expenditure plans.

Shanghai Composite^SZSE
Asia

Chinese Shares Slide Amid US Sanctions, Middle East Strikes; Yizhong Pharmaceutical Falls 4%

Chinese shares were down on Thursday as the U.S. sanctioned several Chinese entities over their alleged links to the Iran military and amid escalating conflict in the Middle East.The Shanghai Composite Index, the main gauge of Chinese stocks, slid 0.2% to 3,987.01. The Shenzhen Component Index fell 0.7% to 14,851.98.The U.S. government imposed sanctions on multiple entities and individuals in mainland China and Hong Kong for allegedly supporting procurement and financial networks linked to Iran's Islamic Revolutionary Guard Corps and ​the Iranian military.Among them are entities that helped procure weapons for the Iranian military, and a Hong Kong-based company that works with Iran's clandestine banking network.Meanwhile, the U.S. and Iran traded fresh strikes for a second straight day, shattering the fragile April ceasefire, BBC News reported.The U.S. said it hit military, surveillance and radar sites in southern Iran in "self-defense strikes." Iran hit back immediately, launching strikes on U.S. military assets, including bases in Bahrain and Kuwait.In company news, Shanghai Yizhong Pharmaceutical (SHA:688091) said China's drug regulator approved the clinical trial application for its self-developed drug candidate, YXC-002, for the treatment of non-small cell lung cancer with estimated glomerular filtration rate mutations. Shares of the drug manufacturer closed 4% lower Thursday.

Shanghai Composite^SZSESHA:688091
Asia

Fitch Retains Neutral Outlook on Asia-Pacific Insurance Sector

Fitch Ratings has kept a neutral outlook for the Asia-Pacific insurance sector, according to a recent release.Solid capital buffers, controlled underwriting, and improved asset-liability management mitigate market headwinds, modestly increasing claim inflation, and new regulatory solvency regimes, according to Fitch.Moderately higher claim costs, along with supply chain disruption from geopolitical tensions, have reduced nonlife underwriting margins in the region, Fitch said.Increasing health and motor losses pressure profitability in Korea and Indonesia, while home and motor repair costs show stickiness in Australia, the rating agency said.Rising interest rates, a better reinsurance environment, and prior-period pricing actions offset claim inflation, but late-cycle market and credit risk linger, Fitch said.Japanese insurers face higher capital requirements through a new economic value-based solvency regulation, while Indonesian counterparts are undergoing the first phase of higher minimum equity requirements, according to Fitch.Meanwhile, lingering structural issues led to a deteriorating outlook in China and Taiwan, the rating agency said.

ASX 200^JKSE^KOSDAQKOSPINikkei 225Shanghai Composite^SZSETaiwan Weighted
Asia

US Sanctions Hong Kong, China Entities Over Iran Military Networks

The U.S. government imposed sanctions on multiple entities and individuals in Hong Kong and mainland China for allegedly supporting procurement and financial networks linked to Iran's Islamic Revolutionary Guard Corps and ​the Iranian military.Among them are entities that helped procure weapons for the Iranian military, and a Hong Kong-based company that works with Iran's clandestine banking network.The sanctions are part of a broader U.S. effort to disrupt Iran's military procurement and financing channels, Treasury said.

Shanghai Composite^SZSE

Showing 561-580 of 1070

Track with the FINWIRES app suite