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China Stocks Rise After Inflation Data

The Shanghai Composite edged up 0.05% to around 4,130, while the Shenzhen Component gained 0.1% to 14,220 on Wednesday, as mainland markets looked to extend this week’s gains following the release of January inflation data. Consumer prices rose less than expected, while producer deflation persisted for the 40th consecutive month, underscoring ongoing deflationary pressures amid limited policy support. Efforts by Beijing to stimulate domestic consumption and broader economic activity have been weighed down by a prolonged property slump and uncertain labor market conditions. Investors are now turning their attention to a key parliamentary meeting in March, where authorities are expected to set economic targets for the year and may unveil new stimulus measures. Among individual movers, Beijing Enlight Media rose 5.7%, Wangsu Science & Technology jumped 12.4%, and China Northern Rare Earth climbed 8.6%.

Today Markets

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