The China stock market has finished lower in three straight sessions, shedding more than 125 points or 3 percent in that span. The Shanghai Composite Index now sit just beneath the 3,960-point plateau although it's looking at a steady start on Tuesday. The global forecast for the Asian markets is cautiously optimistic on bargain hunting, with support expected especially among the technology and oil sectors. The European markets were soft and the U.S. bourse were mostly higher and the Asian markets figure to follow the latter lead. The SCI finished sharply lower on Monday following losses from the property and resource sectors, while the financials offered support. For the day, the index slumped 68.40 points or 1.70 percent to finish at 3,959.34 after trading between 3,927.85 and 4,007.49. The Shenzhen Composite Index plunged 86.71 points or 3.14 percent to end at 2,677.21. Among the actives, Industrial and Commercial Bank of China vaulted 2.18 percent, while Bank of China jumped 1.49 percent, Agricultural Bank of China spiked 3.30 percent, China Merchants Bank dipped 0.21 percent, Bank of Communications rose 0.44 percent, China Life Insurance collected 0.55 percent, Jiangxi Copper crashed 7.87 percent, Aluminum Corp of China (Chalco) plunged 6.18 percent, Yankuang Energy added 0.60 percent, PetroChina jumped 3.20 percent, China Petroleum and Chemical (Sinopec) perked 0.20 percent, Huaneng Power rose 0.24 percent, China Shenhua Energy rallied 4.62 percent, Gemdale tanked 3.42 percent, Poly Developments retreated 1.68 percent and China Vanke tumbled 3.38 percent.
The lead from Wall Street suggests mild upside as the major averages opened higher on Monday but faded as the day progressed, with the Dow slipping into the red.
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Market Analysis
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.