Published on 06/03/2026 at 03:38 am EDT
(MT Newswires) -- Chinese shares rose on Wednesday amid the strong expansion of business activity in the country, as sentiment was anchored by the latest May macroeconomic data from S&P Global and the RatingDog economic tracker.
The Shanghai Composite Index, the main gauge of Chinese stocks, rose 0.2% to 4,083.97. The Shenzhen Component Index went up 0.7% to 15,704.71.
Business activity in China expanded at the fastest pace in three months in May, according to data from S&P Global and RatingDog.
On the other hand, the RatingDog China Composite Purchasing Managers' Index came in at 54, compared with 53.1 in the previous month, marking the fastest growth in output since February.
Meanwhile, the headline RatingDog China General Services Business Activity Index was 54.4, up from 52.6 previously and above the Investing.com consensus estimate of 52.3. The reading marked the strongest increase in services activity in three months as growth in business activity and new orders continued to accelerate.
In company news, Beijing Oriental Yuhong Waterproof Technologyplans to invest about 542 million yuan to acquire 55% stakes in Indonesian construction materials companies PT IALK and PT ACUM . Shares of the waterproofing system provider closed 3% lower Wednesday.

Sumber : MT Newswires