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Chinese shares close lower Friday

China

China

China

Chinese shares close lower Friday

2026-09-04 19:20 Last Updated At:19:47

Chinese stocks closed lower on Friday, with the benchmark Shanghai Composite Index down 0.30 percent to 3,930.12 points.

The Shenzhen Component Index closed 0.79 percent lower at 13,516.97 points.

The combined turnover of stocks covered by these two indices stood at around 2.03 trillion yuan (about 300 billion U.S. dollars), up from 1.76 trillion yuan on the previous trading day.

Pork, digital currency, as well as film and short drama production stocks were among the biggest winners, while semiconductor chips, computing hardware, and precious metals posted losses.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 0.78 percent to close at 3,286.55 points Friday.

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 2.16 percent lower at 1,865.37 points.

Chinese shares close lower Friday

Chinese shares close lower Friday

China's meteorological authorities have swiftly aided Nepal's rescue and relief efforts by sharing data, providing weather forecasts and early warning solutions tailored for Nepal after a deadly mudslide occurred in the country hit their shared border region on August 26.

According to officials from the China Meteorological Administration (CMA), the administration held video weather consultations with Nepal's meteorological department immediately after the disaster, and has actively provided meteorological support for Nepal's rescue and relief operations.

China has also established a dedicated meteorological support team for Nepal and began providing daily monitoring and forecasting reports in English.

The CMA said it will provide seamless forecasting services covering the next 30 days, offering strong support for Nepal's rescue operations.

The CMA has also been providing Nepal with a range of meteorological products through MAZU, China's homegrown AI-powered meteorological early warning system.

The administration urgently developed a cloud-based version of MAZU customized for Nepal, which integrates multi-source data from China's Fengyun meteorological satellites and ground-based observation networks, and is equipped with a series of AI-powered forecasting models.

The customized version was already delivered to Nepal for trial use.

The mudslide, caused by an ice-rock avalanche in Nepal, hit multiple locations along the China-Nepal border on Aug 26.

The death toll in Nepal had risen to 1,259, with around 5,083 people still missing as of 19:00 local time on Thursday, according to the National Disaster Risk Reduction and Management Authority.

China provides meteorological support for Nepal's rescue, relief efforts

China provides meteorological support for Nepal's rescue, relief efforts

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