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China Stocks settle mixed
07-Sep-26   18:01 Hrs IST

The Shanghai Composite closed nearly unchanged at 3,932.7 on Monday, while the Shenzhen Component increased by 1.91% to 13,774.9, driven by strong gains in technology stocks. This rally followed a surge in US technology stocks, with excitement around OpenAI’s new AI model improving sentiment for chipmakers and AI firms. Notable gains were seen with Zhongji Innolight up 10.38% and Eoptolink Technology up 8.08%. Additionally, China announced CNY 300 billion ($45 billion) in new capital for banks and insurers to support lending amid slowing economic growth. Investors are awaiting important economic data later this week, including trade and inflation figures.

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