The Shanghai Composite fell 0.3% to around 3,860 while the Shenzhen Component gained 0.5% to 13,213 on Friday, with mainland stocks showing mixed performances as China’s annual economic planning meeting failed to boost market sentiment. Policymakers reaffirmed broad economic support for the year ahead, including proactive fiscal measures aimed at boosting consumption and investment, though analysts expect only modest monetary easing from the central bank. Official 2026 economic growth targets will be announced following the annual parliamentary session in March. Tech heavyweight stocks delivered mixed results, with strong gains from Eoptolink Technology (2.2%), Addsino Co (6.9%) and Sai MicroElectronics (6.9%), while notable losses were seen from Suzhou TFC Optical (-1.7%), Moore Threads (-6.5%) and Foxconn Industrial (-1.4%).
