Chinese Stocks Flat, Set for Biggest Annual Gains in Years
The Shanghai Composite remained flat at 3,969, while the Shenzhen Component hovered around 13,601, both set for significant annual gains. December's PMI data showed a rise to 50.7, with manufacturing PMI at 50.1, indicating expansion. Notable stock gains included Industrial and Commercial Bank of China (+0.4%), Contemporary Amperex Technology (+0.3%), CNOOC (+1.1%), NAURA Technology Group (+1.5%), and Zijin Mining Group (+5%).
Trading Economics·
