Shanghai Stock Exchange Update (Dec. 21, 2025): Shanghai Composite Near 3,900 as Policy Watch Meets STAR Market AI-IPO Boom
The Shanghai Composite Index closed Friday up 0.36% at 3,890.45, ending the week flat amid subdued trading and an earnings lull. November data showed industrial output growth slowed to 4.8% and retail sales rose just 1.3%, the weakest since late 2022. Property investment fell 15.9% year-to-date. The World Bank forecasts China’s 2025 growth at 4.9%, with further cooling expected in 2026.