Market Updates
China's Indexes Extended Weekly Losses Amid Worries of Higher Inflation
Li Chen
15 May, 2026
Hong Kong
China's benchmark indexes turned lower and extended weekly losses amid growing worries over the oil-supply shock and resurgent inflation forces.
The Hang Seng Index decreased by 1.3%, while the mainland-focused CSI 300 Index declined by 0.5%, extending their weekly losses to 1.3% and 0.5%, respectively.
The Trump-Xi summit covered a wide range of topics, including tariffs, agriculture products trade, C919 aircraft certification, Taiwan's independence, and the reopening of the Strait of Hormuz.
In the coming months, China's wholesale inflation is expected to accelerate, driven by persistent energy prices and tight supply conditions.
Moreover, South Korea's export prices soared 40.8% from a year ago in April, confirming intensifying pricing pressure in external markets.
The prices of computers, electronics, and optical equipment soared 88.7%, contributing to an overall rise in manufactured goods prices.
China Indexes and Stocks
The Hang Seng Index decreased 1.3% to 26,037.42, and the mainland-focused CSI 300 Index declined 0.5% to 4,887.19.
AI- and semiconductor-related stocks hovered near recent highs, tracking gains in overnight trading in New York.
Alibaba Group declined 4%, Tencent Holdings edged up 0.2%, Meituan decreased 3.9%, and JD.com declined 2.5%.
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