Shanghai Composite ends at 3,651.43, down 0.82%
Published on 10/29/2026 at 18:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTech selling weighs on China shares
- The Shanghai Composite closed at 3,651.43 on October 29, 2026, down 0.82 percent.
- Technology-related shares led the decline, while banks, coal and wind-power equipment stocks performed better.
- Trading turnover in the Shanghai and Shenzhen markets fell to about 1.56 trillion yuan.
The Shanghai Composite ended Thursday's session at 3,651.43 points, down 0.82 percent from the previous close. The October 29, 2026, session in Shanghai was already finished before the configured European evening reporting window, making this a closing report rather than an intraday update.
The closing level and percentage move were reported by Xinhua via NAMPA. The report said turnover across stocks covered by the Shanghai Composite and Shenzhen Component was about 1.56 trillion yuan, down from 1.63 trillion yuan in the previous session.
Technology shares lead the decline
The session was marked by broad weakness in technology-related areas. The Shanghai Composite fell less sharply than the technology-heavy ChiNext and STAR Market indices, which dropped 4.45 percent and 4.27 percent, respectively. A report by the China Labour Bulletin Board, citing Radio Television Hong Kong, said computing hardware, co-packaged optics and communications-equipment stocks came under pressure.
The same report identified wind-power equipment, coal, insurance and banking among the stronger areas. Industrial and Commercial Bank of China and China Construction Bank reached record highs, while the combined market capitalization of China's four largest state-owned banks exceeded 10 trillion yuan for the first time, according to that report.
Broader market signals
The Shenzhen Component fell 2.92 percent to 11,138.20 points, underscoring the wider risk reduction beyond the Shanghai benchmark. More than four percentage points separated the Shanghai Composite's decline from the losses in the market's technology-focused indices. That divergence indicates that the session's pressure was concentrated particularly heavily in growth and hardware-related shares, while selected defensive and dividend-oriented groups provided some support.
The Shanghai Composite's latest coverage, including the October 29 close and related market developments, is available on the Shanghai Composite topic page.
