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Chinese shares close higher Friday

China

China

China

Chinese shares close higher Friday

2026-07-31 17:09 Last Updated At:17:47

Chinese stocks closed higher on Friday, with the benchmark Shanghai Composite Index up 0.72 percent to 3,832.26 points.

The Shenzhen Component Index closed 2.21 percent higher at 13,578.93 points.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, gained 3.06 percent to close at 3,343.96 points.

The ChiNext Index, together with the Shenzhen Component Index and other indices, reflects the performance of stocks listed on the Shenzhen Stock Exchange.

Chinese shares close higher Friday

Chinese shares close higher Friday

The Russian government has extended its full ban on fuel exports through Jan 31, 2027, the Russian cabinet announced Thursday.

The authorities imposed a new temporary export restriction covering gasoline, diesel, marine fuel and gas oil to stabilize Russia's domestic fuel market.

According to a signed government decree, the temporary export ban will take effect on Aug 1 and remain in force until the end of January 2027.

Notably, restrictions on diesel, marine fuel and gas oil will remain in effect until Sept 1, 2026, marking a shorter regulatory window compared to the gasoline export ban.

Russia extends full gasoline export ban until Jan 31

Russia extends full gasoline export ban until Jan 31

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