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.
China poured 330 billion yuan into major transport projects in the first three months of 2026, according to the Ministry of Transport.Over 1,800 highway and waterway projects, each exceeding 100 million yuan, are being accelerated.Q1 also saw the launch of 174 major initiatives, injecting an additional 16 billion yuan.
Chinese shares rebounded on Wednesday as the Politburo hailed the strong start to the year and pushed for technology and energy security.The Shanghai Composite Index, the main gauge of Chinese stocks, rose 0.7% to 4,107.51. The Shenzhen Component Index climbed 2.0% to 15,120.92.At a meeting chaired by Xi Jinping, the Communist Party of China Politburo touted the country's strong economic start to 2026, with key indicators beating expectations, while warning that recovery remains uneven.China's top leadership called for targeted fiscal and monetary support to sustain growth. Officials stressed accelerating technological self-reliance, strengthening secure industrial chains and boosting domestic demand.The meeting also urged enhanced energy and resource security, expansion of major infrastructure, and steady progress toward economic self-sufficiency amid rising external uncertainties.In company news, Focus Media Information Technology (SHE:002027) posted first-quarter attributable net profit of 1.79 billion yuan, up 58% from 1.14 billion yuan the previous year. Shares of the advertising company closed 5% higher Wednesday.
Over 70 Democrats in the U.S. House of Representatives urged U.S. President Donald Trump to block Chinese automakers from entering the U.S. market, citing national security risks, Reuters reported Tuesday.Led by Debbie Dingell and Ro Khanna, lawmakers called for maintaining existing bans ahead of Trump's expected talks with Chinese President Xi Jinping, warning against ceding the auto industry to a strategic rival, 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.)
The U.S. Department of the Treasury warned financial institutions they could be slapped with secondary sanctions if they facilitate transactions with Chinese refineries linked to Iranian crude oil, the department said in a Tuesday filing.The warning came after Chinese refineries, such as Hengli Petrochemical (Dalian) Refinery, were sanctioned for purchasing crude from Iran.The department said financial institutions, such as banks, should conduct enhanced due diligence on transactions involving Chinese refineries, especially in Shandong Province.Treasury cautioned financial institutions to watch out for common evasion tactics such as the use of front companies in Asia and the United Arab Emirates, as well as the use of a "shadow fleet," which employs ship-to-ship transfers, falsified documentation, and vessel identity manipulation.
The Cyberspace Administration of China has directed ByteDance video apps Jianying and Maoxiang, along with the Jimeng AI site, to comply with rules on identifying AI-generated content, Reuters reported Tuesday, citing a statement from the regulator.The regulator said the three platforms violated China's cybersecurity law and relevant rules, and penalized those responsible for the violations, 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.)
S&P Global Ratings expects mixed credit effects for major Chinese oil companies due to the Middle East conflict, according to a recent release.Increased prices will boost the upstream companies' earnings, but feedstock supply constraints and price controls will hit downstream, S&P said.China has high exposure to the Middle East as the region accounts for half of its total oil imports, the rating agency said.Investor concerns range from the demand impact of disruptions in the Strait of Hormuz to the credit strength of Chinese national oil companies, the rating agency said.
Chinese shares fell on Tuesday as consumer sentiment turned cautious amid stalled talks to end the Iran war.The Shanghai Composite Index, the main gauge of Chinese stocks, slid 0.2% to 4,078.64. The Shenzhen Component Index fell 1.1% to 14,830.46.Sources said U.S. President Donald Trump appears unreceptive to Iran's offer to end the war. The proposed plan would see the Strait of Hormuz reopened, but would postpone talks on Tehran's nuclear program for another time, CNN reported.Also, Iran's Foreign Minister Abbas Araghchi had earlier given Pakistan a list of "red lines" to pass on to the U.S.Caution also prevailed among investors as they pored over first-quarter earnings reports from Chinese tech companies and scaled back their holdings ahead of the five-day holiday starting May 1, according to Reuters.In company news, Shenzhen Inovance Technology (SHE:300124) posted first-quarter attributable net profit of 1.01 billion yuan, down 23% from 1.32 billion yuan the previous year. Shares of the robot maker fell 7% Tuesday.
Moody's upgraded China's credit outlook to "stable" from "negative", Reuters reported Monday, citing the credit ratings agency.The firm attributed the move to the country's economic resilience. Moody's highlighted China's ability to adapt its exports to a changing global environment and its strategic focus on high-productivity industries.A spokesperson from China's Ministry of Finance said it appreciates Moody's decision to revise the outlook, telling reporters it will "continue advancing economic structural transformation".(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 is requiring Meta to unwind its $2 billion deal to acquire artificial intelligence startup Manus after a review, the National Development and Reform Commission said in a Monday disclosure.The regulator said the decision was "in accordance with laws and regulations, and has required the parties involved to withdraw the acquisition transaction."A spokesperson for Meta told CNBC that the deal fully complied with the law, according to a Monday report.Manus, which relocated to Singapore after being established in China, develops AI agents, including one that can conduct complex tasks such as market research and coding, CNBC said.
S&P Global Ratings sees China's longstanding investment in low-carbon energy yielding results, especially given current oil price shocks, according to a Monday release.Nonfossils have a 40% share of the country's current power generation, S&P said.Following an initial period of overinvestment and focus on scale, the sector is shifting to better cost discipline and profitability goals, the rating agency said.Balancing capacity with uptake will be a main concern for the sector's next phase, given that grid buildout lags renewable capacity additions, S&P credit analyst Christopher Yip said.Meanwhile, regions with renewable output surpassing demand face curtailment risks, the analyst said.Producers who are able to optimize their trading strategy or distribute through better grid systems should survive this more demanding phase, S&P said.A full supply chain anchoring solar and wind generation and grid infrastructure should support lower costs for local players compared to global peers, S&P said.
Regulatory fines on China's major food delivery platforms could lead to players veering away from subsidies and instead adopt efforts focusing on quality, S&P Global Ratings said in a Monday release.The fines point to authorities' efforts to tone down heightened competition, or involution, in the segment, S&P said.The regulatory move will enable major players such as Meituan (HKG:3690), Alibaba (HKG:9988), and JD.com (HKG:9618) to focus on quality rather than on subsidies, which could lead to better profits after a decline last year, the rating agency said.However, long-term impact will depend on whether the rule will be thoroughly enforced, S&P said.
Beijing saw a 13% year-over-year rise to over 7 million border crossings as of April 26, reflecting China's expanding visa-free access.Foreign entries exceeded 2.3 million by Sunday, jumping 34% from the previous year. About 828,000 foreign arrivals, comprising over 70% of all entrants, entered visa-free or via temporary permits, according to the Beijing General Station of Exit and Entry Frontier Inspection.China's visa-free access now covers 50 countries unilaterally and offers 240-hour transit waivers for 55 nations.
For the week ahead in Asia, the economic calendar is packed with major data releases, central bank decisions and inflation updates across the region.Monday brings China's first-quarter industrial profits data, as well as Malaysia's producer prices.On Tuesday, markets will turn to the Bank of Japan's interest rate decision, alongside trade figures from Hong Kong and Macao, and India's March production report.Wednesday features Thailand's central bank rate decision and Australia's closely watched quarterly inflation print, while Thursday brings China's official and private PMI readings.On Friday, Japan's Tokyo core inflation reading will be in focus, along with South Korea's April trade data.Here's what to watch in the week ahead.MONDAY, April 27The week kicked off with the release of China's industrial profits data for the first quarter.The total profits of China's industrial enterprises rose 15.5% year on year to 1.696 trillion yuan during the first three months of 2026, with increases seen in the mining, manufacturing, technology, and chemical industries.A drop in profits was witnessed in the utilities industry, as well as the electricity and heat and agricultural industries, data from the National Bureau of Statistics showed.Singapore disclosed its manufacturing output stats for March, highlighting a 10.1% jump in production thanks to strong growth across almost all clusters.Malaysia's producer prices rose in March for the first time in a year, driven largely by a rebound in the mining sector, according to Trading Economics.Producer prices climbed 1.1% year on year, reversing a 3.4% decline in the previous month.Meanwhile, Taiwan's consumer confidence index edged up to 62.47 in April, rising 0.17 points from March.The uptick was driven by improvements in four sub-indicators, with sentiment on employment opportunities posting the largest monthly gain.A pair of reports covering business and consumer confidence was also due in the Philippines.TUESDAY, April 28Markets will turn their attention to an interest rate decision scheduled in Japan.The upcoming decision could be a complicated one for the Bank of Japan as it grapples with intensifying inflation domestically and the uncertainty surrounding the Middle East, ING said in a preview.While markets broadly expect the central bank to maintain rates at 0.75%, ING said it continues to believe there's a chance the Bank of Japan may hike rates.Japanese unemployment data is also due the same day, with observers expecting the jobless rate to hover around the 2.6% mark, unchanged from the prior month, according to a consensus compiled by Trading Economics.Hong Kong will disclose trade stats for March. According to Trading Economics, the city state's trade deficit could narrow to HK$43 billion from the HK$64.2 billion recorded in February.Macao will similarly release balance of trade figures. The city state's trade deficit could narrow to 9.4 billion pataca in March from 9.9 billion pataca a month prior, Trading Economics forecasted.India's industrial production data for March will also be in the news. A consensus compiled by Trading Economics indicated analysts expect India's industrial production growth to slow to a rate of 4.2% from 5.2% in February.India's manufacturing weakened in March as geopolitical tensions in the Middle East, unstable market conditions, and inflationary pressures impacted output, S&P Global said previously. However, conditions appeared to have improved in April, according to the firm's most recent flash purchasing managers' index release.South Korea's business confidence report for April will be due the same day.WEDNESDAY, April 29Thailand's central bank will meet for its interest rate decision.The Bank of Thailand is seen to hold rates steady at 1% amid softening growth and inflationary pressure due to the conflict in the Middle East, the Wall Street Journal reported.Thailand's March Industrial production data is also expected on the same day.Australia's latest inflation print will be in the news, providing markets with an overview of pricing pressure ahead of the Reserve Bank of Australia's May board meeting.Westpac said it expects to see a 4.2% yearly gain in headline inflation for the March quarter.The quarterly data is likely to affirm for the Reserve Bank of Australia that the underlying inflation pressures are evident in the economy before the escalation of the Middle East conflict in late February, ANZ said in a preview.In Singapore, March import and export prices will be expected, as well as producer price inflation data.THURSDAY, April 30China's manufacturing and services sectors will be in focus as the National Bureau of Statistics releases its monthly purchasing managers' index covering manufacturing, non-manufacturing, and general PMI for April.The release will be accompanied by a private reading on China's manufacturing sector from S&P Global.Economists at ING said they expect official data to show activity dipped back into contractionary territory following the expansion witnessed in March.ING forecasts manufacturing PMI falling to 49.9 and the non-manufacturing PMI dipping to 49.8, and said it expects to see pricing pressure continuing to build in the PMI sub-indices.Taiwan will release its first-quarter advance gross domestic product growth rate, with markets looking for signs of whether the island state's economy can continue posting stellar growth due to its global positioning in high-precision semiconductor production.Researchers at ANZ expect Taiwan's first-quarter GDP growth rate to come in at 11.8%, slowing from the 12.7% rise witnessed in the prior quarter, the Wall Street Journal reported.In Australia, the first-quarter import and export prices data is expected. CommBank said it expects export prices to rise 1.2% while import prices to decline 0.6%, both on a quarter-on-quarter basis.Meanwhile, a confidence report due in New Zealand is likely to show a further deterioration in business sentiment due to the ongoing Middle East conflict, CommBank said in a preview.Further trade data is expected in the Philippines, which could see its trade deficit widen to $4.1 billion in March from $3.68 billion in April, according to Trading Economics.Both South Korea and Japan will release industrial production and retail sales data for March.ING said it expects Japan's industrial production to "rebound quite firmly" during the month. The firm expects industrial output to rise 2.2% year on year from the 0.4% rise witnessed in February.Japan will additionally release a consumer confidence report for April, while a similar release covering business confidence will be due in Singapore.Singapore's first-quarter preliminary unemployment rate will also be released on Thursday.Thailand's February retail sales stats will be due.FRIDAY, May 1Japan's closely watched Tokyo core consumer price index for April will capture headlines, offering markets an early indicator of the overall inflation rate in the country."The Tokyo CPI is expected to rise faster in April, reflecting recent energy price hikes, a weak JPY, solid wage growth, and bi-annual price adjustments," ING said in a preview.South Korea announces April trade data.The country's trade surplus could drop marginally to $26 billion from $26.2 billion a month prior, even as exports show a 50% year on year growth due to robust chip shipments, ING said.A consumer confidence report due in New Zealand could show sentiment weakening further in April and over the coming months amid the Middle East conflict, CommBank said in a preview."As the conflict progresses, overall consumer confidence is expected to continue falling," CommBank said.Neighboring Australia will release first-quarter produce price data.On the activity front, S&P Global releases its PMI reports covering manufacturing activity in Australia and Japan.
Chinese shares rose on Monday as strong first-quarter industrial profit data boosted investor sentiment.The Shanghai Composite Index, the main gauge of Chinese stocks, rose 0.2% to 4,086.34. The Shenzhen Component Index climbed 0.4% to 14,995.75.The total profits of China's industrial enterprises in the first quarter jumped 15.5% year on year to 1.696 trillion yuan.Profits in the mining industry rose 16.2% from a year earlier to 256.33 billion yuan, while that of the manufacturing industry climbed 19.1% to 1.238 billion yuan. The utilities industry's profits slipped 3.2% year on year to 201.3 billion yuan.The profits of the technology industry and the non-ferrous metal industry both rose 1.2 times.In company news, Moore Threads Technology (SHA:688795) swung to an attributable net profit of 29.4 billion yuan in the first quarter of 2026 from a net loss of 112.5 million yuan a year prior. Shares of the graphics processing unit manufacturer closed 8% higher Monday.
The total profits of China's industrial enterprises in the first quarter jumped 15.5% year on year to 1.696 trillion yuan, according to data from the National Bureau of Statistics on Monday.Profits in the mining industry in the period between January and March rose 16.2% from a year earlier to 256.33 billion yuan, while that of the manufacturing industry climbed 19.1% to 1.238 billion yuan.The utilities industry's profits slipped 3.2% year on year to 201.3 billion yuan.Moreover, the profits of the technology industry and the non-ferrous metal industry both rose 1.2 times. The chemical industry's profit jumped 54.5% from a year earlier and the coal mining industry inched 6.7% higher.Profits within the petroleum and coal industry swung from loss to profit, but the oil and gas extraction industry slipped 1.4%.Other industries also fell, such as the electricity and heat industry ant the agricultural industry, which dropped 3.4% and 6%, respectively.
Increasing food cost pressure could burden Asia's emerging markets as the lingering US-Iran war further strains fertilizer supply amid the upcoming planting season, Fitch Ratings said in a recent release.Limited fertilizer availability and price pressure would increase production costs, dissuade application rates, and dampen crop yield, impacting margins and food prices for this year, Fitch said.The Gulf region supplies a large portion of the world's fertilizer especially with natural gas' key role as feedstock, Fitch said.The rating agency also expects major Asian exporters such as China to further limit fertilizer shipments, at least until mid-year.Nitrogen-based urea prices posted a 50% rise to about $700 per tonne from about $465 pre-war, Fitch said.A resulting reduction in fertilizer use or planting could worsen the risk of weaker crop yields and increased food prices in the latter part of the year, the rating agency said.Given the reliance on domestic production by the region's emerging nations, less fertilizer supply will have a significant impact under constrained planting or yields, Fitch said.For those that are more dependent on imported food, such as the Maldives, Mongolia, the Philippines, Bangladesh, and Sri Lanka, weaker domestic harvests along with heightened global food prices and export restrictions would create more adverse situations, Fitch said.Continued conflict after mid-2026 and elevated oil prices could place an additional 9.1 million people in Asia into acute food insecurity, or a 24% increase from before the war, Fitch cited the World Food Programme as saying.
Chinese customs seized 86.4 million suspected infringing products in 2025, protecting rights holders from 57 countries, the General Administration of Customs said Thursday.Cross-border e-commerce remained the top infringement channel, with 24,600 batches intercepted. Market procurement seizures jumped 48% to 37.9 million pieces.Going forward, customs will deploy big data and artificial intelligence to strengthen risk analysis, it said.
China's installed power generation capacity rose 15.5% year over year to 3.96 billion kilowatts at the end of March, according to the National Energy Administration.Solar power went up 31.3% to 1.24 billion kW, while wind power climbed 22.4% to 660 million kW.Utilization hours declined 66 hours to 703 in the first quarter.
China's Culture and Tourism Ministry will spend over 1 billion yuan for a subsidy campaign running through May 31, centered on China Tourism Day on May 19.More than 70 partners will undertake more than 9,000 initiatives to cut travel costs nationwide.Authorities also vowed to crack down on rogue tour guides, strengthen safety measures, and improve services.
China is overhauling its industrial base with a 100-trillion-yuan push to merge software and steel that will integrate advanced manufacturing with modern services by 2030, The South China Morning Post reported.The State Council's blueprint prioritizes "producer services" such as logistics, information technology, finance and research to prevent premature deindustrialization, according to the report.Also, the cabinet called on manufacturers to evolve into "product-plus-service" providers.(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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