Chinese stocks closed higher on Monday, with the benchmark Shanghai Composite Index up 0.9 percent to 3,862.53 points.
The Shenzhen Component Index closed 2.05 percent higher at 13,479.43 points.
The combined turnover of these two indices stood at 2.16 trillion yuan (about 303.84 billion U.S. dollars), up from 2.15 trillion yuan on the previous trading day.
The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 2.74 percent to close at 3,238.01 points Monday.
Market analyst He Jian highlighted the trends behind the numbers in his recap of China's stock market performance.
"The mainland stocks rose today, as shares of carmakers and solar energy firms jumped on signs that Beijing's crackdown on price wars is starting to bear fruit. Sentiment was also aided by China central bank's pledge to step up policy support for growth. By closing, the Shanghai Composite Index gained 0.9 percent after being up as much as 1.3 percent earlier in the session. China's industrial profits jumped more than 20 percent in August from a year earlier, reversing a 1.5-percent year-on-year decline in July. Market analysts pointed out that the August industrial profits surge is mostly due to the fact that it's being measured off a low base, but signs of early progress in the 'anti-involution' campaign are emerging," said the analyst.
"At a meeting on Thursday chaired by the State-owned Assets Supervision and Administration Commission of the State Council, chairman Zhang Yuzhuo told executives from state-owned firms to stabilize electricity and coal prices and to avoid destructive price wars. Sectors that suffered heavily from price wars, including new energy vehicles and solar energy, led the jump today. CATL up over 4 percent. And reports indicate that domestic demand for energy storage cells is currently very strong. And leading battery companies have stated that their factories are operating at full capacity, with some orders scheduled into early next year. The STAR Market also rose sharply today, after news that Moore Threads Technology, an artificial intelligence chipmaker that competes with Nvidia Corp., got regulatory approval to list on the tech-focused board in Shanghai," he said.
Analyst recaps Chinese stock market performance on Monday
The Boao Forum for Asia (BFA) 2026 Annual Conference opened in the town of Boao, south China's Hainan Province on Tuesday with an eye on China's vibrant economic development and global free trade.
On the first day of the annual conference, seven sub-forums were held, focusing on topics such as China's economic outlook, global free trade ports, and the green economy.
As 2026 marks the start of China's 15th Five-Year Plan (2026-2030), attendees at the BFA say China's economy has entered a new stage of high-quality development, which will bring tremendous opportunities to the rest of the world.
"China has changed from a factory to an innovation center of the world. So now, [when] we talk about any technology -- renewable energy, green development [and] AI -- China is leading the world. This change has taken place in a very short period of time," said Zafar Uddin Mahmood, policy advisor to secretary general of the Boao Forum for Asia.
"The type of planning is very positive for business in a general way, because it brings a lot of stability [and] predictability for a businessman," Bernardo Mendia, secretary-general of the Portugal-China Chamber of Commerce and Industry, said of China's five-year plan that charts the country's path for social and economic development in the next five years.
The BFA also released two flagship reports, one on Asia' economic outlook, and the other on sustainable development.
The first report, titled "Asian Economic Outlook and Integration Progress", indicated that Asian economies remain the primary engine of world economic growth, with their global share of gross domestic product expected to rise from 49.2 percent in 2025 to 49.7 percent in 2026. It also highlighted how China and ASEAN (the Association of Southeast Asian Nations) continue to stand out as regional "stability anchors."
The second report, which was titled "Sustainable Development in Asia amid Global Transformation", noted that Asia is leading the global energy transition, with the region accounting for some 70 percent of annual new clean energy capacity installations worldwide.
This year's BFA, themed "Shaping a Shared Future: New Dynamics, New Opportunities, New Cooperation," features four core topics and more than 50 sub-forums, roundtables and dialogue sessions.
Founded in 2001, the BFA has grown into a key platform for addressing Asian issues and strengthening cooperation both within the region and globally.
Boao Forum for Asia Annual Conference 2026 opens in China's Hainan Province
