Chinese Shares Rise as Central bank Maintains Rates; Mabwell (Shanghai) Bioscience Rises 6%

Published on 09/22/2025 at 03:33 am EDT
(MT Newswires) -- Chinese shares rose on Monday as the country's central bank left interest rates unchanged.
The Shanghai Composite Index, the main gauge of Chinese stocks, rose 0.2 to 3,828.58. The Shenzhen Component Index went up 0.7% to 13,157.97.
The People's Bank of China left the one-year loan prime rate (LPR) unchanged at 3.0% and the five-year loan prime rate at 3.5%. Analysts polled by Reuters expected no changes to the one-year and five-year LPRs.
China's benchmark rates did not change despite the US Federal Reserve slashing its benchmark interest rate by 25 basis points.
"The LPRs won't be adjusted given any changes should follow reductions in the policy rate," Reuters cited a trader as saying.
In company news, Mabwell (Shanghai) Bioscience said its marketing authorization application for 9MW0813 injection was accepted by China's medical products administrator. Shares of the biopharmaceutical company rose 6% Monday.

Sumber : MT Newswires