FX.co ★ China Stocks Rise After Inflation Data

The Shanghai Composite inched up 0.05% to around 4,130, while the Shenzhen Component added 0.1% to 14,220 on Wednesday, as mainland markets sought to extend this week’s gains following the release of January inflation data. Consumer prices rose by less than expected and producer prices remained in deflation for the 40th consecutive month, highlighting persistent disinflationary pressures amid still-limited policy support. Beijing’s efforts to boost domestic consumption and broader economic activity continue to be constrained by a prolonged property downturn and uncertainty in the labor market. Investors are now focused on a key parliamentary meeting in March, where authorities are expected to set this year’s economic targets and may introduce additional stimulus measures. On the corporate front, Beijing Enlight Media advanced 5.7%, Wangsu Science & Technology surged 12.4%, and China Northern Rare Earth gained 8.6%.