Shanghai Stock Exchange Outlook: China’s 2026 Fiscal Signal, Yuan Strength, and STAR Market IPO Changes Set the Tone for the Next Session
The Shanghai Composite closed Friday at 3,963.68, up 0.1%, with turnover across Shanghai and Shenzhen at 2.16 trillion yuan. Gains in commercial spaceflight and lithium batteries offset broader weakness. Beijing signaled fiscal policy will be “more proactive” in 2026, aiming to boost consumption and investment. The yuan’s recent strength has eased foreign outflows and lifted market sentiment.