China's Economic Updates Confirmed Decelerating Growth Outlook

Li Chen
16 Dec, 2025
Hong Kong

Stocks in China and Hong Kong faced selling pressure following the release of the latest economic data. 

The Hang Seng Index fell nearly 2%, and the mainland-focused CSI 300 index decreased 1.4% after weaker-than-expected economic data raised concerns about China's economic growth deceleration. 

Retail sales rose 1.9% from a year ago in November and declined for the sixth month in a row; fixed-asset investment fell by 2.6% in the first 11 months to November; and industrial output advanced 4.8% in November. 

The National Bureau of Statistics released the key economic data on Monday. 

Persistent weakness in China's real estate continued to dampen consumer sentiment and kept retail sales growth in check for the sixth consecutive month. 

Real estate investment fell by 15.9% in the first eleven months to November, expanding from the 14.7% decrease registered in the first 10 months to October. 

The decline in new home sales extended to 7.8% in the January-November period, from a 6.8% fall for the January-to-October period. 

In a separate report, the statistical agency said the jobless rate was unchanged at 5.1% in November from the previous month. 

China's prolonged property market continued to weigh on the broader economy and consumer sentiment, and the leading developer China Vanke's struggle to reschedule its bond payments added to market anxieties. 

 

China Indexes and Stocks 

The Hang Seng Index dropped 1.9% to 25,143.69, and the mainland-focused CSI 300 index decreased 1.4% to 4,490.41. 

Guoxia Technology soared more than 115% to HK $45.66, and the smart energy storage company listed its stock on the Hong Kong Stock Exchange. 

The company priced its initial public offering at HK $20.10 per share and raised gross proceeds of HK $782.5 million through the sale of 38.9 million shares.