China Stocks Rise on Upbeat Data

On Tuesday, the Shanghai Composite index experienced a modest increase, rising by 0.18% to close at 4,140 points, while the Shenzhen Component recorded a slight uptick of 0.09%, ending at 14,330 points. This performance partially offset the losses from the previous session, as new official data revealed enhanced profitability within China's economy. For the first time since 2021, industrial profits saw a year-on-year increase of 0.6% in 2025, driven by better profit margins downstream. The growth was primarily attributed to gains among private and foreign-invested enterprises, even as state-owned corporations remained under financial pressure. Additionally, China's central bank affirmed its commitment on Monday to strengthen financial market integration between the mainland and Hong Kong, enhancing the city's position as a global financial hub. Among individual stocks, significant gains were observed in companies such as Zijin Mining (2.8%), Zhongji Innolight (4.4%), BlueFocus Intelligent (7%), Eoptolink Technology (2.7%), and Foxconn Industrial (2.9%).