Chinese Shares Decline Amid Softer Growth Expectations; Yanghe Brewery Falls 10%

MT Newswires Live01-26

Chinese shares were down on Monday as the country forecasted softer economic growth for 2026.

The Shanghai Composite Index, the main gauge of Chinese stocks, ticked down 3.56 points to 4,132.61. The Shenzhen Component Index fell 0.9% to 14,316.64.

Beijing may set China's 2026 economic growth to range between 4.5% and 5%. This was weaker than the 5% annual GDP growth target set in the past three consecutive years, which China was able to meet.

The potential range may signal that the government's focus shifts to economic rebalancing and stability as Beijing launched its new five-year plan, sources told the South China Morning Post.

In company news, Jiangsu Yanghe Brewery (SHE:002304) forecasts 2025 attributable net profit to range between 2.12 billion yuan and 2.52 billion yuan, compared with 6.67 billion yuan the previous year, amid the "severe market sales situation." Shares of the liquor company fell 10% Monday.

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