Shanghai Composite closes 1.6 percent lower as AI stocks sink
Published on 10/15/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSGlobal inflation and trade pressure
- The Shanghai Composite closed at 3,707 points on October 15, down 60 points or 1.6 percent.
- September U.S. inflation reached 3.7 percent versus a 3.6 percent forecast.
- China Molybdenum fell 6.8 percent, the steepest named stock decline.
- China's third-quarter GDP and September activity data are due October 19 at 10:00 a.m. CST.
The Shanghai Composite closed at 3,707 points on October 15, losing 60 points or 1.6 percent. Hot U.S. inflation and renewed trade concerns pressured technology shares, Xinhua reported.
China Molybdenum fell 6.8 percent, leading the named stock losses. Turnover across the Shanghai and Shenzhen markets rose to 1.63 trillion yuan from 1.41 trillion yuan, Trading Economics said.
Why did the Shanghai Composite fall?
U.S. consumer prices rose 3.7 percent in September, above the 3.6 percent forecast. The data revived expectations of higher interest rates and extended selling in technology stocks across Asia, AFP reported.
Renewed trade tensions with the European Union added pressure. The Shanghai Composite reached its lowest level since July 2025 as investors assessed possible new measures against Chinese exports, Trading Economics said.
Shanghai Composite losses spread across sectors
Computing hardware, semiconductor chips, coal, and oil and gas shares recorded the biggest sector declines. Liquor and securities stocks led the gains, according to Xinhua.
China Fortune dropped 5.6 percent and Poly Real Estate lost 4.4 percent. Cambricon Technologies fell 3.4 percent, while Eoptolink Technology declined 7.5 percent, Trading Economics reported.
What comes next for the Shanghai Composite
- October 19, 2026, 10:00 a.m. CST: China is due to release third-quarter GDP and September retail sales, industrial production, and investment data. Growth is expected at 4.4 percent, Reuters reported.
