---
title: "China Stocks Rise as PBoC Holds Rates"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283286136.md"
description: "China's stock market saw gains as the Shanghai Composite rose 0.5% to 4,071 and the Shenzhen Component increased by 0.6% to 14,975, following the People's Bank of China's decision to maintain a supportive monetary policy. The one-year Loan Prime Rate remains at 3.0% and the five-year LPR at 3.5%, both at record lows for eleven months. Financial stocks, including major banks, led the rise, alongside notable gains from companies like Zhongji Innolight and Luxshare Precision Industry. Authorities are cautious of external risks amid stabilizing growth and easing deflationary pressures."
datetime: "2026-04-20T02:42:27.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283286136.md)
  - [en](https://longbridge.com/en/news/283286136.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283286136.md)
---

# China Stocks Rise as PBoC Holds Rates

The Shanghai Composite rose 0.5% to a one-month high of 4,071 on Monday, while the Shenzhen Component gained 0.6% to 14,975, hitting its strongest level since December 2021, as the People’s Bank of China reaffirmed a “supportive” and “moderately loose” monetary stance aimed at sustaining growth while maintaining currency and financial stability.

The one-year Loan Prime Rate remained at 3.0%, while the five-year LPR stayed at 3.5%, marking the eleventh straight month of no change and record lows.

While deflationary pressures have shown signs of easing and growth is gradually stabilising, authorities remain watchful of external risks, including heightened geopolitical tensions in the Middle East. Financial stocks led the gains, particularly Industrial and Commercial Bank of China (0.7%), Agricultural Bank of China (1.1%), and China Construction Bank Corporation (1.5%).

Other notable gainers included Zhongji Innolight (2.5%), Midea Group (1.5%), and Luxshare Precision Industry (4.3%).

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