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Chinese shares close higher Tuesday

China

China

China

Chinese shares close higher Tuesday

2026-01-27 17:07 Last Updated At:01-28 14:52

Chinese stocks closed higher on Tuesday, with the benchmark Shanghai Composite Index up 0.18 percent to 4,139.9 points.

The Shenzhen Component Index closed 0.09 percent higher at 14,329.91 points.

The combined turnover of these two indices totaled over 2.89 trillion yuan (about 414.4 billion U.S. dollars), down from 3.25 trillion yuan on the previous trading day.

Stocks related to precious metals and semiconductors led the gains, while shares in the breeding as well as coal mining and processing sectors suffered major losses.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 0.71 percent to close at 3,342.6 points.

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 1.72 percent higher at 1,889.46 points.

Chinese shares close higher Tuesday

Chinese shares close higher Tuesday

China's foreign exchange reserves stood at 3.3421 trillion U.S. dollars at the end of March 2026, down 85.7 billion dollars, or 2.5 percent, from the end of February, official data showed on Tuesday.

The State Administration of Foreign Exchange noted that in March, the U.S. dollar index rose, while prices of major global financial assets declined, influenced by the global macroeconomic environment, monetary policies of major economies, and market expectations.

The combined effects of exchange rate conversion and changes in asset prices led to a decrease in China's foreign exchange reserves during the month, the administration said.

China's economy registered steady and improving performance during the period, with new and higher-quality development momentum. Its steady performance provided solid support for keeping the scale of the country's foreign exchange reserves basically stable, according to the administration.

China's foreign exchange reserves decline in March

China's foreign exchange reserves decline in March

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