Chinese Stocks Close Monday with Gains Despite Weak Trade Data

Published on 09/08/2025 at 03:28 am EDT
(MT Newswires) -- Chinese shares made gains at the start of the week despite their trade data slowing down in August.
The Shanghai Composite Index rose 0.4%, or 14.33 points, to close at 3,826.84 on Monday. The Shenzhen Component Index jumped 0.6%, or 76.28 points, to 12,666.84.
On a year-on-year basis, China's exports jumped by 4.4%, while imports rose by 1.3%, according to the Customs Administration. The figures missed the respective 5% and 3% growth predicted by analysts polled by Reuters.
In corporate news, Wanhua Chemicalsoared nearly 6% after the operations of the production facilities of its Hungarian subsidiary, BorsodChem, resumed following maintenance works.
Jilin Electric Powerjumped 4% after receiving 913 million yuan in national renewable energy subsidy funds in August.
Muyuan Foods rose nearly 4% despite its revenue from its commercial pig sales dropping 12% year on year to 11.9 billion yuan in August.

Sumber : MT Newswires