05.12.202502:41:08UTC+00China Stocks Slip as Policy Cues Eyed

The Shanghai Composite edged down by 0.1% to approximately 3,870, while the Shenzhen Component decreased by 0.15% to 12,985 on Friday. Mainland stocks are poised to conclude the week on a downward trajectory as investors anticipate policy indications from key meetings this month. The focus is on the annual Central Economic Work Conference and the December Politburo meeting, which are expected to provide insights into Beijing’s policy strategy and growth objectives for the upcoming year. Economists predict that China will uphold its annual growth target of "around 5%" for 2026 and will keep fiscal and monetary stimulus measures available in light of ongoing deflationary pressures. Significant declines were observed among leading companies, including Zhongji Innolight (-1.4%), Zhejiang Sanhua (-0.7%), Shenzhen H&T Intelligent (-9.2%), Victory Giant (-9.2%), and Foxconn Industrial (-0.5%).