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.
Macau's gaming revenue fell 1.2% year-over-year to 21.9 billion Macanese patacas in August, according to data released by the Gaming Inspection and Coordination Bureau.The August total rose from 20.3 billion Macanese patacas in July, although it remained below the 22.2 billion patacas recorded in August 2025.Gaming revenue for the first eight months of 2026 rose 3.7% to 169.1 billion Macanese patacas.
China will levy a 20% individual income tax on dividends, interest and bonuses received by foreign individuals from foreign-invested enterprises effective Sept. 1, according to a Tuesday release from the Ministry of Finance and the State Taxation Administration.The change removes a tax exemption that had been in place since 1994 and brings the treatment of dividends received by foreign individuals broadly in line with that for domestic individuals, according to a Bloomberg Law report.The move is part of Beijing's broader effort to increase tax revenues and close loopholes in the tax system, the report said.
Chinese shares opened lower on Wednesday as escalating geopolitical tensions in the Middle East revived inflation concerns.The Shanghai Composite Index, the main gauge of Chinese stocks, went down 0.4% to 3,963.07. The Shenzhen Component Index declined 1.0% to 13,732.18.Westpac analysts said the prospect of additional disruptions in the Strait of Hormuz has rekindled inflationary concerns, prompting a broad selloff in equities across most developed markets and sparking a sharp downturn in global bond prices, Reuters reported.On the domestic front, China on Sept. 1 imposed a 20% individual income tax on dividends, interests, and bonuses accrued by foreign individuals from foreign-invested enterprises.
Chinese shares closed lower on Tuesday as oil disruption fears intensified following the resumption of fighting between the U.S. and Iran.The Shanghai Composite Index, the main gauge of Chinese stocks, went down 0.2% to 3,979.89. The Shenzhen Component Index declined 1.0% to 13,872.38.Oil prices rose after U.S. President Donald Trump threatened more strikes on Iran after the first direct attacks in a month on Sunday, reviving geopolitical tensions that had recently cooled into an economic standoff, Reuters reported.KCM's chief market analyst Tim Waterer said this reopens the door to Iranian retaliation, heightening risks to Gulf energy facilities and shipping in the Strait of Hormuz, according to the report.On the economic front, operating conditions across China's manufacturing sector improved in August, with the headline RatingDog China General Manufacturing Purchasing Managers' Index, coming in at 51.5. This was higher the 50.9 recorded in the previous month and beat market expectations of 51In company news, Chongqing Polycomp International (SHE:301526) plans to raise up to 5 billion yuan via a private A-share placement. Shares of the glass fiber and composite materials manufacturer closed 9% lower.
China's manufacturing sector expanded at a faster pace in August, contrasting with official figures that showed broader factory activity remaining in contraction territory.The seasonally adjusted RatingDog China General Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 51.5 in August from 50.9 in July, maintaining its position above the 50.0 neutral threshold that separates growth from contraction.The improvement was driven by an increase in new orders and demand, which elevated backlogs and created higher cost pressures for manufacturers. Meanwhile, employment remained relatively steady, and business confidence for the coming 12 months stayed positive."New export business rose at the fastest pace in six months, driven by strong growth in the consumer goods sector. Manufacturing output expanded for the ninth successive month, with the rate of growth reaching a three-month high, supported by stronger demand and capacity expansion," said RatingDog founder Yao Yu.In contrast, the official manufacturing PMI released by the National Bureau of Statistics on Monday came in at 49.8 for August. While improving from July's reading of 49.2 and beating the consensus market forecast of 49.5, the official index remained below the 50-point line for the second consecutive month.Analysts from ANZ noted that the data highlights an uneven economic transition within China."Exports are resilient, but the local service sector has not benefited much," ANZ economists Raymond Yeung, Zhaopeng Xing and Vicky Xiao Zhou said in a Monday note. They added that rising input and output price pressures reflect renewed tensions in the Middle East, which could point toward a firmer Producer Price Index print.
Operating conditions across China's manufacturing sector improved in August, with the headline RatingDog China General Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, coming in at 51.5, according to data released on Tuesday.The latest reading, which provides a gauge of factory sector conditions, compared with the 50.9 recorded in the previous month and beat market expectations of 51, tracked by Investing.com.A reading above 50 indicates an expansion in sector performance compared to the prior month, while a figure below signals a contraction.The monthly momentum was driven by faster growth rates across output, new orders and exports.
Chinese shares opened higher on Tuesday as the markets anticipated more substantive policy support following data showing a continued contraction in the country's manufacturing sector.The Shanghai Composite Index, the main gauge of Chinese stocks, went up 0.7% to 3,979.88. The Shenzhen Component Index rose 2.42 points to 14,017.42.Factory activity in China contracted for the second straight month in August, with the official manufacturing Purchasing Managers' Index (PMI) coming in at 49.8. While this beat the consensus forecast of 49.5 and the previous month's figure of 49.2, it remained below the 50-point threshold that separates expansion from contraction.
Huawei Technologies reported a 37% year-over-year drop in attributable net profit in the first half to 23.4 billion yuan from 37.1 billion yuan a year earlier.Revenue, however, rose 9.5% to 467.8 billion yuan from 427 billion yuan, the Chinese tech giant said in a Monday filing with the Shanghai Clearing House.The drop in profit came as overhead costs ballooned 24% to 30.1 billion yuan, while R&D spending widened 25% to 121.4 billion yuan.
For the week ahead in Asia, the economic calendar is packed with key releases, including PMI data, inflation figures, and an interest rate decision.PMI reports from a number of countries will provide insight into the region's business activity.Retail sales, industrial production, and inflation numbers will also be in focus, with an interest rate decision also scheduled from Malaysia.MONDAY, Aug. 31South Korea published industrial production and retail sales data on Monday.All industry production index remained steady in July from a month earlier, while retail sales fell 0.8% year over year in the month.Elsewhere, Japan's industrial production rose 4.1% year over year in July, with retail sales also expanding 4% to 13.88 trillion yen.On the PMI front, business production and operational activities in China contracted in August, with the official Composite PMI Output Index coming in at 49.5.Factory activity also contracted, with a manufacturing PMI of 49.8. Business activity in the non-manufacturing sector stalled with a PMI of 49.Elsewhere, Hong Kong logged a 4.5% annual growth in total retail sales value in July to HK$31 billion, according to provisional data, while Thailand's retail sales fell 18.3% year over year in June.India will publish its Q2 GDP growth rate later today, with ING expecting a slight decrease to 7.5% from 7.8% previously. ANZ Research also believes the reading will be above 7%, according to the Wall Street Journal.TUESDAY, Sept. 1Tuesday will see the first major influx of PMI reports for the week.The S&P global manufacturing PMI for Japan (final) and South Korea for August is forecast at a respective 55.1 and 53.2, according to Trading Economics.India and Taiwan will also see S&P manufacturing PMI for the month, while Thailand's PMI numbers are also expected.China's RatingGod manufacturing PMI for August is projected at 51.2, while India's HSBC manufacturing PMI will likely come in at 52.9, Trading Economics said.Elsewhere, Indonesia will report inflation for August on Tuesday, with CPI and core CPI expected to come in at 3.1% and 2.8%, respectively, year over year, according to ING.The country is also projected to continue to see a monthly trade deficit in July, the WSJ reported citing Wong Xian Yong, an economist at RHB.Japan will report consumer confidence data.WEDNESDAY, Sept. 2Investors will closely follow a speech by Bank of Japan's policy board member Hajime Takata, whose proposed rate hike to 1.25% in the bank's July meeting was rejected by a majority vote, the WSJ said.South Korea's August inflation rate is expected to expand to 3.1% year over year, according to Trading Economics.Singapore's Manufacturing PMI print is scheduled for release.THURSDAY, Sept. 3An interest rate decision by Malaysia's central bank will take center stage on Thursday.Bank Negara Malaysia is projected to keep its policy rate steady at 2.75%, the Wall Street Journal reported citing CGS International economist Mas Aida Che Mansor.A wave of PMI data is also set to be released during the day.Japan's final S&P, China's RatingDog, and India's HSBC composite and services PMI numbers are expected to complete the picture for August.Japan's composite and services are projected at 53.4 and 52.3, respectively, according to Trading Economics.China's numbers will likely come in at a respective 51 and 50.8, while India's PMI figures are forecast at 54.6 and 54.5, Trading Economics projections showed.Singapore and Hong Kong's S&P global PMI, and India's global services PMI numbers are also anticipated, according to ING.FRIDAY, Sept. 4The Philippines' August headline inflation figure is projected to ease to 6% from 6.2% in July, the WSJ said citing ANZ Research's Kausani Basak.Singapore will release retail sales data for July.
Chinese shares rose on Monday as the country's manufacturing activity contracted less than expected.The Shanghai Composite Index, the main gauge of Chinese stocks, rose 0.9% to 3,986.30. The Shenzhen Component Index went up 0.4% to 14,015.00.The purchasing managers' index for China's manufacturing sector rose 0.6 of a percentage point month on month to 49.8 in August, beating the forecast of 49.5 tracked by Investing.com.Meanwhile, business activity in China's non-manufacturing sector stalled in August, with the official non-manufacturing PMI coming in at 49.0, unchanged from July. The latest print missed the consensus forecast of 49.5 tracked by Investing.com, and compared with the 49 recorded in the previous month.Overall business production and operational activities in China continued to contract in August, with the official Composite PMI Output Index coming in at 49.5. The latest print missed the consensus forecast of 50.2 tracked by Trading Economics, but improved from the 49.3 recorded in the previous month.In company news, Unisplendour (SHE:000938) posted first-half attributable net profit of 2.17 billion yuan, up 108% from 1.04 billion yuan the previous year. Shares of the digital and artificial intelligence company closed 9% higher Monday.
Didi Global is looking to spend more than $200 million to expand to smaller cities in Argentina and develop tech for safety enhancements, Reuters reported Friday, citing country manager Eduardo Coello.The Chinese transport company will extend its motorcycle-hailing service Didi Moto. It also expects its number of drivers to rise 25% to more than 500,000, the report said.Didi operates in more than 350 locations in Latin America's third-largest economy, Reuters 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.)
Chinese shares opened lower on Monday amid the ongoing tech selloff and U.S. Federal Reserve Chair Kevin Warsh's hawkish speech at the Jackson Hole SymposiumThe Shanghai Composite Index, the main gauge of Chinese stocks, declined 0.6% to 3,926.53. The Shenzhen Component Index went down 1.4% to 13,764.41.The selloff in tech shares continued to bear down on Chinese equities, with the SSE STAR 50 Index (SHA:000688), the benchmark for the 50 largest science and technology companies on the Shanghai bourse, opening 2.3% lower.Investors were also more cautious after Warsh's hawkish speech raised rate hike concerns.Warsh said inflation hasn't meaningfully improved and that the Fed has "work to do" unless underlying trends clearly move toward the 2% target, CNBC reported. He hinted at the need to increase interest rates if there is insufficient progress made on easing price pressures.
Factory activity in China contracted for the second straight month in August, with the official manufacturing Purchasing Managers' Index (PMI) coming in at 49.8, according to data from the National Bureau of Statistics released on Monday.A reading above 50 indicates expansion, while a figure below signals a contraction.The latest print beat the consensus forecast of 49.5 tracked by Investing.com, and compared with the 49.2 recorded in the previous month.By enterprise size, the PMI for large-sized enterprises rose to 50.6, while the index for medium-sized enterprises edged down to 49.4 and that of small enterprises grew to 47.9.Among the main sub-indices, the new orders index recovered, while the inventory index fell at a softer rate at 48.1 from 48.3. The employment index edged down to 48.7 from 49.0, while the supplier delivery time index rose for the first time in seven months.
Overall business production and operational activities in China continued to contract in August, with the official Composite PMI Output Index coming in at 49.5, according to data from the National Bureau of Statistics on Monday.A reading above 50 indicates expansion, while a figure below signals a contraction.The latest print missed the consensus forecast of 50.2 tracked by Trading Economics, but improved from the 49.3 recorded in the previous month.The index, which tracks the aggregate performance of both the manufacturing and non-manufacturing sectors, was driven by diverging momentum between its two core components.The manufacturing production index came in at 49.8 from 49.2 in the previous month, while the non-manufacturing business activity index remained at 49.
Business activity in China's non-manufacturing sector stalled in August, with the official non-manufacturing Purchasing Managers' Index (PMI) coming in at 49.0, unchanged from July, according to data from the National Bureau of Statistics released Monday.A reading above 50 indicates expansion, while a figure below signals a contraction.The latest print missed the consensus forecast of 49.5 tracked by Investing.com, and compared with the 49 recorded in the previous month.By industry, the business activity index for the services sector remained at 49.3, while the subindex for the construction industry fell to 46.9 from 47 in July.Among the main sub-indices, the new orders index slipped to 44.1 from 44.4, the input price index rose to 51.1 from 49.7, the employment index remained at 45.4, while the business activity expectation index fell to 55 from 55.4 in July.
Chinese shares declined on Friday as a broad-based pullback in the technology sector dragged down market sentiment.The Shanghai Composite Index, the main gauge of Chinese stocks, declined 0.1% to 3,952.18. The Shenzhen Component Index went down 0.7% to 13,953.07.The SSE STAR 50 Index (SHA:000688), the benchmark for the 50 largest science and technology companies on the Shanghai bourse, fell 1.9%.The pullback came amid shifting sentiment, both domestically and internationally, with investors moving away from aggressive tech bets as markets adopt a more balanced approach, Sina.com reported.Chuangyuan Futures said the market is currently in a zero-sum game, so attention should be paid to the impact of earnings reports, according to Sina.com.Investors also stayed cautious ahead of U.S. Federal Reserve Chair Kevin Warsh's Jackson Hole speech for clues on the U.S. rate outlook, while renewed U.S.-China tensions over Iran sanctions weighed on sentiment.On the regulatory front, China ordered automakers to promptly file recall plans with the State Administration for Market Regulation after defects are found, and to strengthen testing, self‑regulation and standards.In company news, Shannon Semiconductor Technology (SHE:300475) disclosed its acquisition of a 3% stake in Haiwei Zhisuan Jiangsu Technology for 150,000 yuan and will assume 2.9 million yuan in unpaid capital contribution obligations. Shares of the washing machine gear clutches producer rose 4% Friday.
China is requiring automobile manufacturers to promptly file recall plans with the State Administration for Market Regulation after defects are uncovered in their products.The mandate is part of the government's one-year nationwide campaign to improve automobile quality, according to a Thursday joint statement from the SAMR and the ministries of industry and information technology, public security, and ecology and environment.Automakers are also required to conduct strict evaluation and testing to identify potential risks, strengthen self-regulation and improve their vehicle standards system.The new regulation came after Tesla and eight Chinese electric vehicle manufacturers recalled 4.3 million vehicles last week, marking China's biggest automotive recall, according to a Reuters report on Thursday.
Chinese shares opened lower on Friday ahead of U.S. Federal Reserve Chair Kevin Warsh's Jackson Hole speech.The Shanghai Composite Index, the main gauge of Chinese stocks, declined 0.2% to 3,950.24. The Shenzhen Component Index edged down 0.2% to 14,019.28.The market is awaiting Warsh's speech for fresh clues on the U.S. rate outlook, keeping investors cautious.Market sentiment was also dampened by renewed U.S.-China tensions over Iran-related sanctions and concerns about elevated valuations in technology stocks.
India plans to pour up to 130 billion rupees in aid for advanced battery cell component manufacturers to reduce dependency on Chinese suppliers, Bloomberg reported Thursday, citing people familiar with the matter.The incentives will cover makers of anode and cathode active materials, electrolytes, separator films, and copper foils, according to the report.The Indian finance ministry's Expenditure Finance Committee will look into the proposal after consultations with other ministries, Bloomberg said.India's Ministry of Heavy Industries 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 could ship at least 1.2 million tons of urea to India after Beijing softened export restrictions early in 2026, Bloomberg reported Thursday, citing people familiar with the matter.The fertilizer shipment comprises at least two-thirds of the total quantity booked by India, with shipments slated to depart for India by Sept. 24, the report said.India's Chemical and Fertilizer Ministry did not immediately respond to a request for comment from. China's Commerce Ministry was not immediately available 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.)
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