China Stocks Slip on Measured Policy Support
China's Shanghai Composite fell 0.2% as the Politburo signaled a measured approach to stimulus, focusing on boosting domestic demand in 2026. Investors await the Central Economic Work Conference for growth targets and policy plans. Notable stock decliners included Zhejiang Sanhua, East Money Information, and Zijin Mining. Separately, Trump approved Nvidia's deal to resume AI chip shipments to China.
The Shanghai Composite fell 0.2% to below 3,920 on Tuesday, ending a two-day rally as China’s Politburo emphasized boosting domestic demand in 2026 while signaling a measured approach to stimulus.
Authorities are balancing calls for looser fiscal and monetary policy with the need to manage financial risks.
Investors now look ahead to the upcoming Central Economic Work Conference where policymakers are set to outline growth targets and policy plans for next year.
Notable decliners included Zhejiang Sanhua (-0.9%), East Money Information (-1.3%), Contemporary Amperex (-0.9%), Zhongfu Straits (-2.5%) and Zijin Mining (-3.8%).
Separately, US President Donald Trump approved a deal allowing Nvidia to resume shipments of its H200 AI chips to China.
