China Stocks Extended 3-Day Losses Amid Cautious Market Sentiment

Li Chen
17 Nov, 2025
Hong Kong

 

Investors remained on the defensive at the start of the new week, amid weak global market sentiment. 

The Hang Seng Index eased 0.8%, and the mainland-focused CSI 300 index fell 0.7% as investors reviewed the latest economic data released last week.

Market sentiment was weak for the third session in a row after China's retail sales, industrial production, and jobless rate data confirmed the ongoing weakening economic growth outlook. 

Despite the market's caution, China's GDP growth is set to hit the annual target rate of 5%, but the economic expansion is less likely to create enough new jobs for recent graduates.

Moreover, businesses are facing sharply lower profit margins amid intense competition and chaotic U.S. trade policy.  

So far, companies have delivered mixed corporate earnings as mid- and small-sized corporations struggle with profit growth and falling margins in the export-driven sales.  

The U.S. government is set to release the first batch of economic data on Thursday and resume data flow after the longest government shutdown, which ended last Wednesday.

September's nonfarm payrolls are likely to confirm rapidly deteriorating labor market conditions as businesses avoid hiring amid constantly changing U.S. trade policy and weakening consumer confidence.

 

China Indexes and Stocks 

The Hang Seng Index decreased 0.8% to 26,358.43, and the CSI 300 index dropped 0.7% to 4,595.12. 

Alibaba Group Holding decreased 0.5% to $154.20, and the e-commerce company released its own revamped chatbot. 

Pop Mart International Group decreased 0.3% to HK $217.0, and several local reports suggested that Sony Pictures plans to make a film featuring the company's popular Labubu dolls.