Market index
Shanghai Composite
The composite index of all stocks listed in Shanghai. With heavy retail participation and strong policy influence, stimulus expectations and regulatory shifts show up in the index almost immediately.
Shanghai Composite latest observations
- Observed
- 2026-11-09
- Latest
- 3,661 pt
- Change from previous
- ▲ +12.04 pt
Check the observation dates in both the summary and chart; release and refresh times can differ.
At a glance
Shanghai Composite: latest value and prior change
As of 2026-11-09, Shanghai Composite is 3,661 pt. It is 12.04 pt higher than 3,649 pt on 2026-11-06.
Across 175 available observations from 2026-02-13 to 2026-11-09, the latest value is at the tie-adjusted 4th percentile.
- Observed on
- Default comparison window
- 2026-02-13–2026-11-09
- Observations · observed cadence
- 175 · Daily
- Data source
- Naver Finance
A high or low percentile does not by itself make the indicator positive, negative, or a buy or sell signal.
2026-08-10 → 2026-11-09 · pt
- First
- 3,967 pt
- 2026-08-10
- Latest
- 3,661 pt
- 2026-11-09
- Window low
- 3,599 pt
- 2026-10-30
- Window high
- 3,990 pt
- 2026-08-18
The horizontal axis follows observation order; calendar intervals may differ. High and low refer to observed values within this window, not intraday or all-time extremes. Ties show the first observation date.
Time-series chart
Shanghai Composite
2026-02-13–2026-11-09
Long-history series are stored as real provider observations. Index, FX, VIX, and ratio charts use historical backfill where providers expose it; Korean investor flow and margin-credit feeds expand as stable historical endpoints become available.
Recent observations and calculated changes
The ten latest chart observations. Change subtracts the previous observation; intervals vary with holidays, release schedules and missing data. A difference in rates or ratios is not an investment return.
| Observed | Value | Previous date | Difference (current − previous) |
|---|---|---|---|
| 2026-11-09 | 3,661 pt | 2026-11-06 | 12.04 pt |
| 2026-11-06 | 3,649 pt | 2026-11-05 | -40.73 pt |
| 2026-11-05 | 3,690 pt | 2026-11-04 | 3.74 pt |
| 2026-11-04 | 3,686 pt | 2026-11-03 | 78.07 pt |
| 2026-11-03 | 3,608 pt | 2026-11-02 | -29.93 pt |
| 2026-11-02 | 3,638 pt | 2026-10-30 | 39.01 pt |
| 2026-10-30 | 3,599 pt | 2026-10-29 | -52.42 pt |
| 2026-10-29 | 3,651 pt | 2026-10-28 | -30.04 pt |
| 2026-10-28 | 3,681 pt | 2026-10-27 | 33.17 pt |
| 2026-10-27 | 3,648 pt | 2026-10-26 | -49.22 pt |
Source: Naver Finance
Interpretation guide
The Shanghai Composite: what mainland money says about China's cycle
The Shanghai Composite aggregates every listing on the Shanghai Stock Exchange, capitalization-weighted. With restricted foreign access and heavy retail participation, it reflects mainland liquidity and policy expectations directly — a different lens from the foreign-driven Hang Seng.
What the index contains
Old-economy state-owned giants — banks, energy, materials — carry large weights, and sector rotation follows policy direction closely. Concentrated retail flows mean liquidity-driven phases appear more often than fundamentals would suggest.
- A surge accompanied by exploding turnover marks a mainland retail inflow phase.
- Whether policy-beneficiary sectors lead tells you what kind of rally it is.
- Under yuan depreciation pressure, the index itself can become a policy-defense target.
The link to the Korean market
China's domestic demand and investment cycle feed straight into Korea's intermediate-goods exports. The Shanghai Composite's trend tends to move with earnings expectations for Korean chemicals, machinery, and materials, and reviving stimulus hopes lift multiples across Korean exporters.
- Trend turns in the Shanghai Composite lead Korean materials and industrials.
- Overlay TapeFlow's Korea exports YoY to compare China-demand hopes with actual shipments.
- Shanghai and the Hang Seng rallying together makes a China risk-appetite recovery more credible.
Uses and misreads
Policy weighs so heavily on the Shanghai market that pure market logic often misleads. Read the policy cycle and liquidity direction together with the index level.
- Stimulus-hope rallies frequently retrace unless policy follow-through is confirmed.
- Even in calm index phases, sector divergence is wide — trade Korean China plays name by name.
- Its low correlation with global benchmarks also makes it useful as a diversification reference.