--- title: "China Stocks Head for Weekly Losses" type: "News" locale: "en" url: "https://longbridge.com/en/news/281597881.md" description: "The Shanghai Composite fell 0.8% to 3,887, and the Shenzhen Component decreased 0.1% to 13,474, indicating potential weekly losses amid investor caution due to ongoing Middle East tensions. China's composite PMI dropped to 51.5 in March, reflecting declines in both manufacturing and services. Notable stock declines included Contemporary Amperex Technology (-3.3%), BYD (-1.6%), Industrial and Commercial Bank of China (-1%), and Bank of China (-1.4%)." datetime: "2026-04-03T02:42:21.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/281597881.md) - [en](https://longbridge.com/en/news/281597881.md) - [zh-HK](https://longbridge.com/zh-HK/news/281597881.md) --- > Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/281597881.md) | [繁體中文](https://longbridge.com/zh-HK/news/281597881.md) # China Stocks Head for Weekly Losses The Shanghai Composite dropped 0.8% to 3,887 on Friday, while the Shenzhen Component edged down 0.1% to 13,474, with both benchmark indices on track for weekly losses as investor caution persists amid the prolonged Middle East conflict. Tensions in the region remain high, though Iran and Oman are reportedly developing a protocol to “monitor transit” through the strategic waterway, an effort aimed at easing regional strains. Meanwhile, China and Pakistan are advocating for their own multi-point diplomatic plan, while Iran continues to maintain tight control over the shipping lane. Domestically, RatingDog revealed that China's composite PMI fell to 51.5 in March from 55.4 in February, as both manufacturing (50.8 vs. 52.1) and services (52.1 vs. 56.7) sectors lost momentum. Among individual stocks, Contemporary Amperex Technology (-3.3%), BYD (-1.6%), Industrial and Commercial Bank of China (-1%), and Bank of China (-1.4%) were among the worst performers. ### Related Stocks - [ICBC (01398.HK)](https://longbridge.com/en/quote/01398.HK.md) - [Bank of China Limited (BACHY.US)](https://longbridge.com/en/quote/BACHY.US.md) - [Bank Of China (601988.CN)](https://longbridge.com/en/quote/601988.CN.md) - [INDUSTRIAL & COMMERCIAL BK OF CHINA UNSP ADR EACH REPR 20 ORD SHS (IDCBY.US)](https://longbridge.com/en/quote/IDCBY.US.md) - [CATL (03750.HK)](https://longbridge.com/en/quote/03750.HK.md) - [ICBC (601398.CN)](https://longbridge.com/en/quote/601398.CN.md) - [BANK OF CHINA (03988.HK)](https://longbridge.com/en/quote/03988.HK.md) - [CATL (300750.CN)](https://longbridge.com/en/quote/300750.CN.md) - [BYD Company Limited (BYDDY.US)](https://longbridge.com/en/quote/BYDDY.US.md) - [BYD Company Limited (BYDDF.US)](https://longbridge.com/en/quote/BYDDF.US.md) - [BYD (002594.CN)](https://longbridge.com/en/quote/002594.CN.md) - [BYD COMPANY (01211.HK)](https://longbridge.com/en/quote/01211.HK.md) ## Related News & Research - [CATL's controlling shareholder to donate some A-shares](https://longbridge.com/en/news/281197776.md) - [CATL signs deal with Chinese express giant to electrify delivery trucks](https://longbridge.com/en/news/281598145.md) - [March Dallas Fed Service Sector Index -13.3 vs. -4.6 Expected, Prior -3.2 Reading](https://longbridge.com/en/news/281206289.md) - [A holiday across much of Asia, but Japan is open. We get PMI data from there & from China](https://longbridge.com/en/news/281583965.md) - [Swedish services PMI rises to 56.3 points in March, compilers Silf and Swedbank say](https://longbridge.com/en/news/281314272.md)