China Stocks Hold Near Multi-Year Highs
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The Shanghai Composite fell 0.1% to just below 4,110, while the Shenzhen Component edged up 0.1% to 12,320, as mainland stocks lacked clear direction amid no major catalysts. Despite this, indexes remain near multi-year highs, buoyed by optimism in AI and expected policy support in 2026. Trading volumes surged, indicating increased participation from investors. Notable decliners included China Spacesat (-5.4%) and BlueFocus Intelligent (-9.3%), while TBEA Co (3.1%) and JCET Group (10%) were among the strong performers.
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