Shanghai Stocks Hit 3-Month Low

The Shanghai Composite fell 0.2% to 3,908 on Tuesday, its lowest level in three months, while the Shenzhen Component rose 0.3% to 14,555, rebounding from a one-month low. Chinese stocks were mixed as investors assessed the country’s growth outlook ahead of key economic data. Q2 GDP growth is expected to slow to 4.5% year-on-year from 5% in Q1, leaving expansion near the lower end of Beijing’s 2026 target range of 4.5% to 5%. The slowdown reflects weak consumer spending, a prolonged property downturn, and subdued investment outside priority sectors such as high-tech manufacturing. Still, Premier Li Qiang signaled that additional policy support remains possible, while this month’s Politburo meeting could provide further clues on upcoming measures. Among notable decliners, China Construction Bank (-1.7%), SMIC (-5.1%), and Zijin Mining (-1.3%) led the losses. In contrast, Zhongji Innolight (1.2%), Eoptolink Technology (3.8%), and NAURA Technology (1.1%) posted gains.





