2025.10.1502:26:37UTC+00China Stocks Rise After Inflation Data

The Shanghai Composite rose by 0.3%, climbing past the 3,870 mark, while the Shenzhen Component saw a 0.9% increase, reaching 13,000 on Wednesday. This rebound followed losses in the previous session, as ongoing deflationary pressures in China bolstered expectations for additional policy support. Specifically, consumer prices for September declined more than anticipated, and producer prices continued their three-year deflationary trend, driven by weak demand and resurfacing trade tensions. Premier Li Qiang has reiterated the need to stimulate consumption and address unfair competition within the business sector. Meanwhile, on the trade front, caution prevailed after President Trump threatened an embargo on cooking oil against Beijing in response to China’s decision to boycott soybeans. Among the top performers were Shenghe Resources, which rose by 7%, Victory Giant with a 4.4% increase, Sungrow Power at 1.1%, and Foxconn Industrial at 1.3%.