Shanghai Composite closes 4 points higher as oil stocks lead

Shanghai Composite ends at 3,801 points after recovering from the open; China CPI and PPI are due at 9:30 a.m. CST Wednesday.

The Shanghai Composite closed at 3,801 points on October 13, up 4 points or 0.1 percent. The index recovered as oil-related shares rose and policy support helped sentiment, Xinhua reported.

AVIC Aviation Engine rose 10.0 percent. China Pacific Insurance fell 4.7 percent as insurance shares weakened, Kabutan reported.

Why did the Shanghai Composite rebound?

The index opened at 3,761 points after early selling linked to a global technology-stock rout. Oil and energy shares later strengthened as Middle East tensions kept crude prices elevated. Policy expectations also supported the market after China announced 550 billion yuan in unused local-government bond quotas for fiscal support and investment, Kabutan reported.

Stocks tied to the ice-and-snow economy and oil and gas led gains. Insurance and battery shares recorded the largest sector declines, while turnover across the Shanghai and Shenzhen markets rose to 1.68 trillion yuan, Xinhua said.

Top and flop in the Shanghai Composite

Leading movers at the October 13 close were reported by Kabutan:

• AVIC Aviation Engine up 10.0 percent
• Hongdu Aviation Industry up 9.7 percent
• China Pacific Insurance down 4.7 percent
• China Life Insurance down 3.3 percent

What comes next for the Shanghai Composite

• October 14, 2026, 9:30 a.m. CST: China publishes September consumer price index and producer price index data. CPI is forecast at 1.0 percent year over year and PPI at 4.5 percent, Lundgreens Investor Insights reports.
• October 14, 2026, noon CST: China is scheduled to release September import and export data, BigGo Finance reports.

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