Chinese Stocks Climb Despite Economic Growth Slowdown in Q3

Published on 10/20/2025 at 04:24 am EDT
(MT Newswires) -- Chinese shares opened the week higher on Monday after a series of economic data lifted investor sentiment, even as the country's economic growth slowed in the third quarter.
The Shanghai Composite Index gained 0.6%, or 24.14 points, to close at 3,863.89, while the Shenzhen Component Index advanced 1%, or 124.27 points, to 12,813.21.
Industrial output in Asia's largest economy rose 6.5% in September from a year earlier, accelerating from the 5.2% increase in August.
Meanwhile, new home prices fell 0.4% month-on-month in September, the fastest pace in 11 months, following a 0.3% decline in August.
China's gross domestic product expanded 4.8% year on year in the July to September period, moderating from 5.2% in the second quarter.
Smartsens Technology jumped 6.4% while expecting its net profit attributable to owners in the first three quarters to soar up to 169% year on year to 736 million yuan.
Yangzhou Yangjie Electronic Technology rose 3.9% after its attributable profit in the third quarter jumped 52% year on year to 372.3 million yuan.
Ningbo Joyson Electronic climbed 4.2% after Hong Kong bourse held a hearing to review the company's listing application.

Sumber : MT Newswires