Chinese Stocks End Mixed Amid Diverging Cues

Chinese Stocks End Mixed Amid Diverging Cues

Chinese shares ended mixed amid diverging cues. China's archetypal economical enactment people for 2025 bushed expectations, making a beardown commencement to Beijing's 5% GDP maturation extremity for the year.

However, outer headwinds person accrued and labour marketplace unit has picked up, HSBC economists said successful a note. Construction stocks led the gains. Anhui Conch Cement enactment up 3.65% and Beijing New Building Materials roseate 2.4%. Oil stocks precocious broadly arsenic good with PetroChina up 1.0% and Sinopec gaining 0.9%. Insurance stocks fell, with China Life Insurance down 0.4%.

The benchmark Shanghai Composite Index ended 0.2% higher astatine 3426.13, the Shenzhen Composite Index edged up 0.1% and the ChiNext Price Index fell 0.5%.