FX.co ★ China Stocks Mixed After Key Policy Meeting

On Friday, the Shanghai Composite Index experienced a slight decline of 0.3%, settling around 3,860, while the Shenzhen Component Index saw an increase of 0.5%, reaching 13,213. This demonstrates that mainland Chinese stocks have shown mixed performance following China’s annual economic planning meeting, which did little to invigorate market sentiment. The policymakers reiterated their commitment to broad economic support for the upcoming year, emphasizing proactive fiscal strategies aimed at enhancing consumption and investment. However, analysts predict only moderate monetary easing from the central bank. The official economic growth targets for 2026 will be announced after the annual parliamentary session in March. Within the technology sector, stocks showed varied outcomes, with Eoptolink Technology rising by 2.2%, Addsino Co climbing by 6.9%, and Sai MicroElectronics also increasing by 6.9%, whereas Suzhou TFC Optical experienced a decline of 1.7%, Moore Threads fell by 6.5%, and Foxconn Industrial decreased by 1.4%.