2025.09.2302:59:34UTC+00China Stocks Fall on Profit-Taking

On Tuesday, the Shanghai Composite fell by 1.1%, dipping below the 3,800 mark, while the Shenzhen Component decreased by 0.5% to 13,090. This decline reversed the previous session's gains, as investors capitalized on profits in the technology and new energy sectors. Lately, mainland markets have been susceptible to profit-taking, particularly after the Shanghai index reached a decade high earlier this month. Additionally, traders monitored the developments in trade negotiations following the recent conversation between U.S. President Donald Trump and Chinese President Xi Jinping. The two leaders are expected to meet in person in South Korea in six weeks. On the monetary policy front, the People's Bank of China maintained its key lending rates for the fourth consecutive month as of Monday, demonstrating hesitation to introduce significant stimulus measures despite emerging signs of economic fragility. Among individual stocks, Cambricon Technologies (-2.8%), Dawning Information (-2.8%), and Contemporary Amperex (-1.3%) experienced notable declines.