China Economy 31 January 2026 - 2 February 2026

Bank of China Limited Class A shares start Monday facing a softer China activity report, with official data revealing both factory and services sectors contracted in January. The stock ended Friday steady at 5.37 yuan, unchanged, after moving between 5.35 and 5.43 yuan during the session.

China Life Insurance Co Ltd’s Shanghai-listed Class A shares head into the week amid speculation over a possible government move. The question on investors’ minds: will China use special government bonds to shore up capital for its largest state insurers? Bloomberg News says the plan could unlock about 200 billion yuan, targeting state-backed firms like China Life, People’s Insurance Company Group of China, and China Taiping Insurance Group. Neither China Life nor the National Financial Regulatory Administration responded to requests for comment, and Reuters has yet to confirm the report.

China Mobile’s Class A shares on the Shanghai exchange slipped 0.6% to 96.38 yuan on Friday, tracking the wider market downturn. The stock offers a trailing dividend yield close to 5%, according to data, yet it remains roughly 4.6% lower year-to-date.

China Construction Bank Corporation Class A shares closed Friday at 8.72 yuan, slipping 0.57%, on volume of roughly 112.36 million shares. The Shanghai Composite dropped 0.96%, finishing at 4,117.95.

Agricultural Bank of China Ltd’s Class A shares closed Friday at 6.72 yuan, slipping 0.88%. They’re set to resume trading Monday amid a fresh wave of disappointing China activity data weighing on investor mood.