FX.co ★ China Stocks Steady as Policy Meeting Eyed

The Shanghai Composite was little changed around 4,147 on Friday, consolidating recent gains as investors looked ahead to next week’s annual parliamentary meetings, where policymakers are expected to set new economic targets and outline key policy measures. China’s annual “Two Sessions” will run from March 4 to around March 11, during which the government is also expected to unveil its 15th Five-Year Plan, setting policy priorities and objectives for 2026–2030.

On the corporate front, notable advances were seen in Beijing Teamsun (up 8.9%), Inner Mongolia Baotou (up 7.1%), and China Northern Rare Earth (up 4.2%). By contrast, technology shares tracked declines in their US peers after a subdued market response to Nvidia’s strong earnings, with steep losses for Eoptolink Technology (down 6.3%), Zhongji Innolight (down 5.5%), and Victory Giant (down 4.3%).

The Shanghai Composite remains on course to end the week higher and to log its third consecutive monthly gain.