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.
At a glance
Shanghai Composite: latest value and prior change
As of 2026-09-14, Shanghai Composite is 3,885 pt. It is 2.78 pt lower than 3,888 pt on 2026-09-11.
Across 141 available observations from 2026-02-13 to 2026-09-14, the latest value is at the tie-adjusted 14th percentile.
- Observed on
- Default comparison window
- 2026-02-13–2026-09-14
- Observations · observed cadence
- 141 · 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.
Time-series chart
Shanghai Composite
2026-02-13–2026-09-14
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) |
|---|---|---|---|
| 2026-09-14 | 3,885 pt | 2026-09-11 | -2.78 pt |
| 2026-09-11 | 3,888 pt | 2026-09-10 | -46.29 pt |
| 2026-09-10 | 3,934 pt | 2026-09-09 | -17.10 pt |
| 2026-09-09 | 3,952 pt | 2026-09-08 | 10.96 pt |
| 2026-09-08 | 3,941 pt | 2026-09-07 | 7.85 pt |
| 2026-09-07 | 3,933 pt | 2026-09-04 | 2.58 pt |
| 2026-09-04 | 3,930 pt | 2026-09-03 | -11.97 pt |
| 2026-09-03 | 3,942 pt | 2026-09-02 | 0.70 pt |
| 2026-09-02 | 3,941 pt | 2026-09-01 | -38.50 pt |
| 2026-09-01 | 3,980 pt | 2026-08-31 | -6.41 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.