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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

Market Chatter: China Continues to Throttle Supply of Rare Earths to Japan

China continued to disrupt the supply of strategically important rare earths and minerals to Japan in June amid the diplomatic rift between the two nations, Reuters reported Monday.Shipments of gallium, dysprosium, terbium and yttrium to Japan all registered at zero last month, according to the report.Despite the tight controls on specific minerals, China's overall exports of rare earth magnets remained robust, rising to 5,649 metric tons in June from 4,730 tons in May, 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.)

Nikkei 225Shanghai Composite^SZSE
Asia

China Shares Close Mixed on US-Iran War Fears; HKC Jumps 10%

Chinese shares closed mixed on Monday amid escalating US-Iran hostilities.The Shanghai Composite Index, the main gauge of Chinese stocks, closed 0.9% higher to 3,796.28. The Shenzhen Component Index fell 0.7% to 13,610.23.The U.S.-Iran conflict has continued to escalate, with U.S. President Donald Trump threatening to expand the conflict unless Iran halts attacks on Hormuz Strait shipping, CNN reported.In recent days, Washington has extended its aerial campaigns beyond Iranian coastal radar stations and drone facilities to include transport infrastructure and, reportedly, a water desalination plant. Tehran has responded by widening its targets across seven regional countries, and state-affiliated outlets have hinted that strategic ports in Gulf Arab states could be next on the target list.On the regulatory front, the People's Bank of China (PBOC) left its benchmark lending rates unchanged for the 14th consecutive month. The one-year loan prime rate (LPR) was held at 3.00% and the five-year LPR was maintained at 3.50%.China's Foreign Ministry urged the U.K. to respect market principles and seek a mutually acceptable solution, including compensating Jingye Group, after London nationalized British Steel.In company news, HKC (SHE:001399) will invest 4 billion yuan to establish a wholly-owned subsidiary, Zhejiang Huixin Advanced Semiconductor, for advanced semiconductor packaging and testing in Zhejiang, China. Shares of the semiconductor display company closed 10% higher Monday.

Shanghai Composite^SZSE
Asia

Market Chatter: US Asset Managers KKR, AEW to Offload Chinese Real Estate Assets

U.S. asset managers KKR & Co. and AEW Capital Management are considering to dispose of their real estate holdings in China as the country's housing market remains in a slump, according to a Bloomberg News report on Monday, citing insiders.KKR seeks to offload nine projects, including a Beijing multi-family apartment complex and a Shanghai mid-market hotel along the Bund waterfront, the insiders told the media outlet.AEW plans to sell its office tower in the HeXa International Plaza, its property in Beijing's Jing IN International Center and the Shanghai Pudong Development Bank (SHA:600000) building in the Lujiazui business district, the report said.Both KKR and AEW expect that the proceeds will be able to cover 50% to 60% of the bank loans used to buy the properties, according to the report.KKR and AEW 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^SZSESHA:600000
Asia

China Warns UK Over British Steel Nationalization

China's Foreign Ministry urged the U.K. to respect market principles and seek a mutually acceptable solution, including compensating Jingye Group, after London nationalized British Steel, a spokesperson for the ministry said on Saturday.The spokesperson warned that the nationalization, which stripped Jingye Group of control of British Steel, would directly affect Chinese investors' confidence in the U.K.'s investment climate and public perceptions in China of the British government's credibility, citing the China-UK Investment Protection Agreement.Meanwhile, Jingye Group urged the U.K. to stop violating international investment rules and fully compensate the company for its investment losses, adding that its ongoing investments and contributions were disregarded and the U.K. government offered "almost zero compensation," Reuters reported.Jingye Group did not immediately respond to' request for comment.

Shanghai Composite^SZSE
Asia

China's June Solar Cell Exports Extend Slump on Softening Global Demand

China's exports of solar cells dropped in June for the second consecutive month, indicating that global demand is slowing down, according to Saturday data from the General Administration of Customs.The volume of solar cell exports fell 16.5% from a year earlier to 743.2 million units.In the first half, solar cell export volumes jumped 22.9% year on year to 6.62 billion units.

Shanghai Composite^SZSE
Asia

China State-Owned Giants Pledge $60 Billion to Prop Up China Stocks

Two China state-owned enterprises disclosed fresh share purchases on Sunday to stabilize Chinese markets following a sharp sell-off, according to China state-run newspaper Economic Information Daily.China State-owned Assets deployed more than 50 billion yuan through relending facilities and matching funds for buybacks and stake increases, vowing to continue adding stocks of central state-owned enterprises.China Chengtong bought nearly 10 billion yuan in Chinese equities, focusing on state-owned enterprises and technology companies, with plans for further purchases of stocks and ETFs.

Shanghai Composite^SZSE
China Holds Benchmark Loan Prime Rates Steady in July Following Weak Q2 GDP Data
US Markets

China Holds Benchmark Loan Prime Rates Steady in July Following Weak Q2 GDP Data

The People's Bank of China (PBOC) maintained its benchmark lending rates unchanged for the 14th consecutive month at its monthly fixing on Monday, opting for stability despite recent data highlighting an uneven economic recovery.The central bank held the one-year loan prime rate (LPR), which serves as the benchmark for most corporate and household loans, at 3.00%.This decision matched the consensus forecast tracked by Investing.com.Meanwhile, the five-year LPR, the reference rate for residential mortgages, was maintained at 3.50%.PBOC's move is an indicator that policymakers are more interested in keeping monetary policy stable amid an uneven economic recovery.The steady fixings follow the release of soft macroeconomic indicators from Beijing.China's gross domestic product expanded 4.3% year over year in the second quarter, decelerating from 5.0% in the first quarter due to muted domestic consumption. While first-half exports remained resilient, internal demand indicators were soft, with June consumer price inflation ticking down to 1.0%, versus the 1.1% forecast, and new yuan loans missing expectations at 1.61 trillion yuan."On the monetary side, low but positive inflation shouldn't impede further People's Bank of China easing if it is deemed necessary," ING Chief Economist for Greater China Lynn Song said in a July 15 note.Earlier in July, the central bank said it will keep its monetary policy moderately loose and increase financial support to boost domestic demand and financial innovation.PBOC also called for better guidance on policy interest rates and improvements in the market-based interest rate, as well an assessment of bond market operations."Policymakers have made efforts to maintain ample liquidity, and we expect there is a solid chance we will see a rate cut within the quarter," ING's Song said.

Shanghai Composite^SZSE
Air China, Hainan Airlines Lock In $17.8 Billion Airbus Bulk Orders Despite Q2 Pressures
US Markets

Air China, Hainan Airlines Lock In $17.8 Billion Airbus Bulk Orders Despite Q2 Pressures

Three major Chinese airline companies have finalized bulk aircraft purchase commitments with Airbus, carrying a total list-price valuation of $17.8 billion despite experiencing challenges from elevated jet fuel costs.Air China (HKG:0753, SHA:601111) will acquire 15 Airbus A350-900 jets valued at $6.09 billion at list prices for delivery between 2030 and 2032, according to exchange filings over the weekend.Its majority-owned subsidiary Shenzhen Airlines finalized an agreement for 40 A320neo aircraft valued at $6.35 billion, with deliveries scheduled from 2029 to 2032.Separately, Hainan Airlines (SHA:600221) committed to 40 A320neo jets carrying a maximum list value of $5.36 billion, slated to arrive in batches between 2028 and 2032.The fleet expansions come despite expected losses in the first half due to macro headwinds.Air China expects attributable net loss for the first half to balloon to between 2.1 billion yuan and 2.6 billion yuan from 1.81 billion yuan a year earlier.The company attributed the forecast to higher jet fuel prices as a result of the Middle East conflict, squeezing its profit margins.The Iran conflict also weighed heavily on passenger traffic in June, with Air China's available seat kilometers, or ASK, falling 6.1% year over year. Revenue passenger kilometers, or passenger traffic, slid 2.9% from a year earlier, while cargo capacity also dropped by 6.3% year over year.Similarly, Hainan Airlines' ASK declined 7.0% year on year in the same month. RPK fell 7.7%, while cargo and mail volume slipped 9.6%.Data from global aviation consultancy IBA shows that while mainland Chinese operators have experienced minor localized headwinds, overall domestic and outbound system capacity remains near normalized pre-crisis run rates.

Hang SengShanghai Composite^SZSEHKG:0753SHA:600221SHA:601111SHA:900945
Asia

China to End Tax Breaks for Lithium-ion, Solar Batteries

China will end the exemption of lithium-ion and solar batteries from consumption taxes, according to the Ministry of Finance, General Administration of Customs and State Taxation Administration.China will initially impose a 2% consumption tax on lithium-ion batteries, effective Sept. 1, and on solar batteries from April 1, 2027.The levy will rise to 4% for lithium-ion batteries from Sept. 1, 2027, and from April 1, 2028, for solar cells.

Shanghai Composite^SZSE
Asia

China Shares Open Higher as PBOC Holds Rates for 14th Straight Month

Chinese shares opened higher on Monday as the country's central bank held rates steady for the 14th consecutive month.The Shanghai Composite Index, the main gauge of Chinese stocks, opened 0.7% higher to 3,791.66. The Shenzhen Component Index rose 1.2% to 13,869.06.The People's Bank of China left the one-year loan prime rate, which serves as the benchmark for most corporate and household loans, at 3.00%. The five-year LPR, the reference rate for residential mortgages, was maintained at 3.50%.This decision matched the consensus forecast tracked by Investing.com.

Shanghai Composite^SZSE
International

China Holds Benchmark Lending Rates Steady for 14th Straight Month

The People's Bank of China (PBOC) left its benchmark lending rates unchanged for the 14th consecutive month at its monthly fixing on Monday.This decision matched the consensus forecast tracked by Investing.com.The one-year loan prime rate (LPR), which serves as the benchmark for most corporate and household loans, was held at 3.00%.Meanwhile, the five-year LPR, the reference rate for residential mortgages, was maintained at 3.50%.

Shanghai Composite^SZSE
Asia

Market Chatter: Moonshot AI's New Kimi K3 Model Launch Weighs on US AI, Chip Stocks

Chinese AI startup Moonshot AI launched its Kimi K3 model recently, causing AI and semiconductor stocks to decline in the U.S. on Friday, Bloomberg reported the same day.Moonshot reportedly claims the model is at par with OpenAI and Anthropic PBC's most powerful offerings.The announcement of the launch coincided with President Xi Jinping's attendance of China's top AI summit, underscoring the country's focus on leading the AI sector, Bloomberg said.Kimi K3, a 2.8T-parameter model with a 1-million-token context window, is the world's first open 3T-class model designed for frontier intelligence across long-horizon coding, knowledge work, and reasoning, according to the company.(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 to Increase Gasoline, Diesel Prices on Saturday

China is set to increase the prices of gasoline by 300 yuan per tonne and diesel by 290 yuan per tonne, effective midnight on Saturday, the National Development and Reform Commission said Friday.

Shanghai Composite^SZSE
Asia

Market Chatter: China LNG Importers Looking to Reduce Reliance on Qatar

Chinese liquefied natural gas importers, including China Petroleum & Chemical Corp (HKG:0386, SHA:600028) and PetroChina (HKG:0857, SHA:601857) are in talks with exporters from outside the Persian Gulf to reduce reliance on Qatar amid the ongoing war, Bloomberg reported Friday, citing people with knowledge of the matter.The two companies are looking to sign LNG contracts with other countries, including Canada, that would start before 2030 and would last at least 10 years, according to the report.The pivot could signal that the disruptions in the Strait of Hormuz could reshape the LNG market, Bloomberg said.Sinopec and PetroChina did not immediately respond to requests 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:0386HKG:0857SHA:600028SHA:601857
Asia

Moonshot Unveils World's First Open 3T-Class AI Model, Kimi K3

Chinese artificial intelligence startup Moonshot on Friday launched Kimi K3, a 2.8 trillion-parameter open-weight model built on proprietary Kimi Delta Attention and Attention Residuals architecture.The model, featuring native vision capabilities and a 1-million-token context window, is the world's first open 3T-class model designed for long-horizon coding, knowledge work and reasoning, according to the blog post.Moonshot said that while Kimi K3 trails behind Claude Fable 5 and GPT 5.6 Sol, it demonstrated frontier-level performance across its evaluation suite to consistently perform better than other tested models.The full model weights and a technical report will be released by July 27.

Shanghai Composite^SZSE
Asia

Market Chatter: Shein Gets Hong Kong Listing Committee Approval for IPO

The Hong Kong Stock Exchange listing committee approved Shein's planned initial public offering in the city, Reuters reported Friday, citing three people with knowledge of the matter.The listing hearing was scheduled Thursday, with Shein answering questions about operations and finances, according to Reuters.Shein initially filed for IPOs in London and New York but the processes stalled, the report said.Both Shein and the Hong Kong Exchanges and Clearing (HKG:0388) did not respond to requests 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.)

Hang SengShanghai Composite^SZSE
Asia

China Shares Plunge on Liquidity Fears, Middle East Hostilities; Dongguan Dingtong Precision Metal Falls 20%

Chinese equity markets saw a broad sell-off on Friday, as investors sold off riskier assets amid domestic liquidity concerns and geopolitical uncertainty.The Shanghai Composite Index, the main gauge of Chinese stocks, closed nearly 3.1% lower to 3,764.15. The Shenzhen Component Index plunged 5.4% to 13,706.88.The slump was fueled by mounting concerns that the $8.6 billion initial public offering of memory chipmaker CXMT, set for July 27, could drain liquidity from the market, particularly hurting technology stocks, The Economic Times reported.The SSE STAR 50 Index (SHA:000688), the benchmark for the 50 largest science and technology companies on the Shanghai bourse, plunged 7%.Investor sentiment was further dampened by escalating Middle East conflicts, which kept crude oil prices elevated and stoked fears that energy-driven inflation could delay or reverse major central banks' rate-cut trajectories.The risk-off mood intensified after the U.S. launched fresh strikes against Iran on Thursday night to "further degrade Iranian military capabilities." Iran's foreign ministry condemned the attacks as "war crimes," accusing the U.S. of targeting civilian infrastructure.In company news, Dongguan Dingtong Precision Metal (SHA:688668) forecasted that its net profit attributable to owners for the first half to jump 60% to 184.7 million yuan from 115.4 million yuan a year earlier. Shares of the communication connector manufacturer plummeted 20% Friday.

Shanghai Composite^SZSESHA:688668
Asia

Weak Demand, Higher Costs Strain Credit Prospects for Asia Pacific's Auto, Building Materials, Capital Goods Sectors, S&P Says

Dampened demand and rising costs have worsened the credit prospects of Asia-Pacific's auto, building materials, and capital goods sectors over the next 12 months, S&P Global Ratings said in recent releases.For the auto sector, the rating agency forecasts global light-vehicle sales to drop by 2.5% annually in 2026, with major declines in China and the US.China and Europe will see further electrification until 2027, while the US will observe a slowdown as the government eliminates incentives, S&P said.Raw material costs will see notable increases amid high oil prices and narrow supply, but S&P's rated issuers will exhibit resilience amid stronger products, diversified networks, and scale gains.The region's building materials sector faces increased transportation and energy costs due to the Middle East war, resulting in greater margin pressure, S&P said.In China, the sector faces bottlenecks in demand recovery amid continued weakness in the property sector, according to the rating agency.Still, satisfactory competitive positions and ample financial headroom should aid the companies in handling oversupply and dampened demand, S&P said.Issuers from the capital goods sector will also face increased costs, supply chain disruptions, and postponed investments amid the Middle East conflict and volatile US policy, the rating agency said.The sector faces margin pressure due to higher costs, but earnings should gain from strong order backlogs and staunch investment demand, according to S&P.Robust earnings have improved the companies' financial buffers and bolstered their cushion against downside risks, S&P said.

ASX 200Hang SengNikkei 225Shanghai Composite^SZSE
Asia

Chinese Shares Open Lower as US Airstrikes on Iran Rattle Markets

Chinese shares opened lower on Friday as market appetite for equities continued to wane in the wake of further U.S. airstrikes against Iran.The Shanghai Composite Index, the main gauge of Chinese stocks, opened 0.4% lower at 3,865.32. The Shenzhen Component Index plummeted 0.9% to 14,348.22.Conflict in the Middle East continued to dampen risk appetite among investors, with escalations in the region keeping crude oil prices elevated and driving fears that higher energy-driven inflation could delay or reverse rate cuts by major central banks.The U.S. launched fresh strikes against Iran on Thursday night to "further degrade Iranian military capabilities." Iran's foreign affairs ministry said the U.S. is committing "war crimes" for targeting civilian infrastructure in its strikes.

Shanghai Composite^SZSE
Asia

Market Chatter: Asian Stock Exchanges Seek Closer Ties to Boost Capital Markets

Top executives from Asia's leading stock exchanges called for stronger regional connectivity to attract investment and support long-term capital market growth at the Nikkei Asia Forum APAC 2026 on Thursday.Stock Exchange of Thailand President Asadej Kongsiri said closer cooperation among regional exchanges would help ASEAN markets capture investment flows, according to a Nikkei Asia report.He highlighted the Thai exchange's depositary receipt program, which allows local investors to trade global stocks such as Tesla and Apple in baht, the report added.Singapore Exchange President Michael Syn reportedly said cross-border initiatives can expand investment opportunities and create value for regional markets.Japan Exchange Group Global Chief Masanori Yoshida emphasized the need to attract more high-growth companies and develop new investment products to draw global capital into Asia, 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.)

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