The China Statistics Bureau has announced plans to implement additional policies aimed at expanding domestic demand amid a complex external economic environment. The spokesperson indicated that while new policies are expected to gain traction, rising trade protectionism poses challenges for economic recovery anticipated in 2025. Stock market activity has shown an increase, with trading volume on the Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) growing 1.1 times year-over-year. However, recent market performance has been mixed; the Chinext Index dropped over 1%, while the Shenzhen Component Index decreased by 0.65%. In contrast, the Shanghai Composite Index saw a slight increase of 0.16% on December 17. Notably, turnover on both the SSE and SZSE exceeded 1 trillion yuan for the 55th consecutive trading day, reflecting ongoing market activity despite external pressures. Additionally, a significant capital outflow of $45.7 billion was recorded in November, highlighting the challenges facing China's capital markets.
🇨🇳Beijing Stock Exchange 50 Index fell by over 3% at a time on Tuesday, to the weakest level since October 21. Shanghai Composite Index and Shenzhen turned red in the afternoon. #CHINA $SHCOMP $SSEC $ASHR https://t.co/yltwhVSDw3 https://t.co/swm8LdjQzm
🇨🇳SHANGHAI COMPOSITE INDEX TURNED POSITIVE; CHINEXT INDEX ROSE OVER 1% AGAIN #CHINA $SHCOMP $SSEC $ASHR $HSI $KWEB $FXI $HXC $DRAG $YINN $YANG https://t.co/IOM1XWbUt4
🇭🇰📈HANG SENG INDEX RISES OVER 0.5%; HANG SENG TECH UP OVER 1% #CHINA $SHCOMP $SSEC $ASHR $HSI $KWEB $FXI $HXC $DRAG $YINN $YANG https://t.co/8ZJc7LPrQt https://t.co/ws2KnEKVCQ