Shenzhen Component rallies 2.8 percent as robots rebound
Published on 10/23/2026 at 13:30 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRobotics and battery stocks rebound
- The index closed at 11,674 points on October 23, up 317 points or 2.8 percent.
- State-backed ETF inflows reached 60 billion yuan as Chinese equities recovered.
- CATL gained 7.8 percent, while Min Dong Power fell 7.8 percent.
- The next session starts October 26, 2026, at 9:30 a.m. CST.
The Shenzhen Component closed at 11,674 points on October 23, gaining 317 points or 2.8 percent. State-backed ETF buying helped Chinese equities recover after Thursday's selloff, with inflows reaching 60 billion yuan.
CATL rose 7.8 percent after announcing share repurchases. The index reversed an early decline as robotics, batteries and software stocks rallied.
Why did the Shenzhen Component reverse higher?
The index opened at 11,188 points and fell to an intraday low of 11,043 points before rebounding. It reached a high of 11,707 points, according to JKN News.
State-backed ETF activity provided support. Trading across nine favored ETFs reached 60 billion yuan, while combined net inflows reached 46 billion yuan on Thursday, Trading Economics reported.
Winners and losers in the Shenzhen Component
Closing movers were compiled from JRJ and JKN News:
- CATL up 7.8 percent: share repurchases supported the battery maker.
- Luxshare Precision up 7.3 percent.
- Inovance Technology up 7.2 percent.
- Min Dong Power down 7.8 percent.
- Waneng Power down 6.5 percent.
- Qianyuan Power down 6.7 percent.
Battery, software development, automation equipment and motor shares led gains. Banking, utilities, steel and electricity stocks weakened, while 4,526 stocks rose and 909 fell, Investing.com reported.
What comes next for the Shenzhen Component?
- October 26, 2026, 9:30 a.m. CST: The Shenzhen Component's next regular session opens.
- October 26, 2026: Third-quarter reports from Cambricon, ZTE and other Chinese companies enter focus, Finimize reports.
Shenzhen Component price data for October 23, 2026
The Shenzhen Component closed at 11,674 points on October 23, according to Xinhua. It gained 317 points or 2.8 percent from the previous close of 11,357 points. The index opened at 11,188 points and traded between 11,043 and 11,707 points.
Shenzhen Component by the numbers on October 23, 2026
- Index: Shenzhen Component
- Home exchange: Shenzhen Stock Exchange, China
- Close on October 23, 2026: 11,674 points
- Change versus previous close of October 22, 2026: up 317 points (up 2.8 percent)
- Previous close: 11,357 points
- Open: 11,188 points
- Day high / day low: 11,707 points / 11,043 points
- Top gainer: CATL up 7.8 percent
- Top loser: Min Dong Power down 7.8 percent
- Next scheduled event: October 26, 2026, 9:30 a.m. CST: Shenzhen Component session opens
