Market Updates

China MONDAY

Li Chen
11 May, 2026
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    Stocks in mainland China and Hong Kong extended previous week's gains reflecting global gains in semiconductor stocks. 

    The Hang Seng Index increased 0.3%, and the CSI 300 Index advanced 1.4% powered by a strong rally in AI- and semiconductor-related stocks. 

    China's Vice-Premier Ding Xuexiang visited research and development center of Huawei Technologies in Shanghai, sending a signal that Beijing is committed to domestic chip development and self sufficiency. 

    GigaDevice, Hua Hong Semiconductor, Nasino, and Montage Technology jumped between 5% and 15%.  

     

    China's Inflation Accelerate

    China's annual inflation accelerated in April amid a surge in energy prices, according to the National Bureau of Statistics.  

    Consumer price index increased to 1.2% from 1.0% in March, fueled by higher commodity prices amid the Middle East conflict.  

    Food prices fell 1.6%, reversing 0.6% rise in March, non-food inflation accelerated to 1.8% from 1.2%, and housing costs continued to decline at the same annual rate of 0.2% in the previous month. 

    China's producer price inflation accelerated to 2.8% in April from 0.5% in the prior month, a separate report from the NBS showed. 

    The measure of wholesale prices rose at the fastest pace since July 2022, and increase for the second consecutive month fueled by surging commodity and energy prices amid supply disruptions in the Persian Gulf. 

     

     

    China Indexes and Stocks 

    The Hang Seng Index decreased 0.3% to 26,318.37, and the mainland-focused CSI 300 Index advanced 1.4% to 4,940.41. 

     

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