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Analyst highlights mixed performances in Chinese stock market on Monday

China

China

China

Analyst highlights mixed performances in Chinese stock market on Monday

2025-12-29 22:33 Last Updated At:12-30 04:47

During the final trading week of the year, a bullish global equities mood bolstered investor sentiment, leading to divergent performances among major Chinese indices, said Wang Yin, a market analyst.

Chinese stocks closed mixed on Monday, with the benchmark Shanghai Composite Index up 0.04 percent to 3,965.28 points.

The Shenzhen Component Index closed 0.49 percent lower at 13,537.1 points.

The combined turnover of these two indices totaled 2.14 trillion yuan (about 304.28 billion U.S. dollars), down from 2.16 trillion yuan on the previous trading day.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 0.66 percent to close at 3,222.61 points Monday.

"A bullish global equities mood lifted sentiment in the final trading week of the year, the Shanghai Composite index rose slightly today, marking its ninth straight winning session, but the Shenzhen Component index closed 0.5 percent down, and the CSI 300 index fell 0.38 percent. Among local firms with a market cap of at least 150 billion onshore Chinese yuan, Cambricon Technologies was the biggest leader, adding 4.2 percent and Shanghai Pudong Development Bank and China Petroleum and Chemical Corp gained 3.8 percent and 3.6 percent each, rounding out the top three movers today. China's Ministry of Finance said that the 2026 Focus will be on strengthening the domestic market through higher consumer demand and targeted investment in public services. As favorable policy signals strengthen and the Renminbi continues to appreciate, stock markets are gaining upward momentum," she said.

Stocks related to artificial intelligence and info tech led the gains, while the power and chemical sectors posted notable declines, Wang explained.

"Notable gains on Monday came from the AI-related sectors, and the info tech sector gained 0.44 percent. Shares of humanoid robot concepts outperformed, with Swancor Advanced Materials and Kinco Automation Shanghai hitting their record highs in the afternoon trade. And shares of commercial aerospace concept continued its uptrend to lead the gains today. Meanwhile, weighing on the markets, the new energy vehicle index and the new energy sector dropped 1.85 percent and 1.67 percent each, as the head of China's passenger car association said that demand for Chinese lithium batteries will likely slump in early 2026 due to an expected tumble in domestic EV sales and slowing battery exports," she continued.

Analyst highlights mixed performances in Chinese stock market on Monday

Analyst highlights mixed performances in Chinese stock market on Monday

The PLA Eastern Theater Command has released a video titled "Drive Off, Strike, and Reach Far" from a new round of joint military exercises around Taiwan Island.

Multiple forces of the Eastern Theater Command of the Chinese People's Liberation Army (PLA) began the drills, code-named "Justice Mission 2025," around Taiwan Island on Monday.

The PLA Eastern Theater Command is dispatching its Army, Navy, Air Force, and Rocket Force troops to conduct drills in the Taiwan Strait and areas to the north, southwest, southeast, and east of Taiwan Island.

PLA Eastern Theater Command releases footage of drills around Taiwan

PLA Eastern Theater Command releases footage of drills around Taiwan

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