Shanghai Composite falls 0.59% as technology shares weaken
Published on 11/13/2026 at 22:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSShanghai stocks end a difficult week
- The Shanghai Composite closed at 3,634.35 points on Friday, November 13, down 0.59 percent from Thursday.
- Computing-power hardware and telecommunications equipment shares led declines, while banks and AI comic-drama stocks gained.
- The index lost 0.41 percent over the week as investors assessed technology and trade risks.
The Shanghai Composite ended Friday, November 13, at 3,634.35 points, down 21.48 points or 0.59 percent from Thursday's close of 3,655.83. The index declined for a second consecutive trading session and finished the week 0.41 percent lower, according to Xinhua and Dow Jones market data published by Morningstar.
Technology shares lead the retreat
Market breadth was weak across mainland China. A post-market review by Futunn reported that 4,748 stocks fell across the Shanghai and Shenzhen exchanges, compared with 765 gainers. Combined turnover was about 1.66 trillion yuan, lower than on the previous trading day.
Computing-power hardware was the main area of weakness. The components sector fell 8.55 percent, while telecommunications equipment dropped 6.29 percent. Consumer electronics, semiconductors and photovoltaic equipment also declined. The pressure followed renewed concerns about access to advanced artificial-intelligence chips after Jensen Huang stepped down as Nvidia's chief executive, a development covered by Reuters.
Banks and media themes provide support
Traditional sectors cushioned the broader decline. The banking sector rose 1.46 percent, while several city commercial banks reached record highs. White goods, baijiu, animal husbandry and feed shares also advanced. Film and cinema stocks were among the strongest performers after a Douyin initiative concerning interactive dramas and film-game projects offered incentives and revenue-sharing terms for eligible content producers.
The divergence between the Shanghai Composite and growth-heavy technology benchmarks remained pronounced. The Shenzhen Component fell 2.05 percent and the ChiNext Index dropped 3.32 percent. For investors, Friday's session highlighted the market's sensitivity to global technology-policy developments, while continued strength in banks and selected consumer and media themes provided a partial counterweight.
More coverage is available on the Shanghai Composite topic page.
