Published on 09/30/2026 at 03:41 am EDT
(MT Newswires) -- Chinese shares closed mixed on Wednesday as investors digested a batch of stronger-than-expected economic data and escalating trade tensions with the European Union.
The Shanghai Composite Index, the main gauge of Chinese stocks, closed 0.3% higher at 3,842.19. The Shenzhen Component Index slipped 0.1% to 12,887.62.
China will "resolutely respond" to protect the interests of its domestic industries if the EU implements proposed regulations aimed at broadly restricting Chinese firms, according to officials. The warning follows reports that some EU member states are pushing the bloc to draft trade defense measures mirroring the U.S.'s Section 301, which could authorize sweeping tariffs and curbs on Chinese companies.
On the economic front, fresh data showed that overall business production and operational activities in China expanded in September, with the official Composite PMI Output Index coming in at 50.7, versus 49.5 in August. The latest print beat the Trading Economics forecast of 50.1, signaling a return to expansion after a period of contraction.
Factory activity recovered in September, with the official manufacturing PMI coming in at 50.1. This matched the consensus forecast tracked by Investing.com and came in higher than the 49.8 recorded the previous month.
Business activity in the non-manufacturing sector rebounded in September, with the official non-manufacturing PMI coming in at 50.2, above 49 the previous month and beating the consensus forecast of 49.2 tracked by Investing.com.
In company news, Lygend Resources & Technology closed at 65.09 yuan per share on its first day of trading on the Shenzhen bourse. This marked a 207% jump from the nickel products trader's initial public offering price of 21.23 yuan per share.

Sumber : Reuters