FTSE China A50 closes 1.3 percent higher as banks lag
Published on 10/23/2026 at 13:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSState support and the next data point
- FTSE China A50 closed at 13,172 points on October 23, up 172 points or 1.3 percent.
- Shanghai Composite rose 0.9 percent as state-linked ETF trading surged.
- Contemporary Amperex Technology led listed gainers with a 7.9 percent rise.
- China's October PMI data are due October 31, 2026, at 9:30 a.m. CST.
FTSE China A50 closed at 13,172 points on October 23, gaining 172 points or 1.3 percent. The broader rebound followed a 0.9 percent rise in the Shanghai Composite, Reuters said.
Contemporary Amperex Technology rose 7.9 percent, the strongest gain among the leading FTSE China A50 constituents listed by Investing.com. Agricultural Bank of China fell 3.4 percent as banks lagged the broader advance.
Why did the FTSE China A50 rebound?
Government-linked exchange-traded funds saw a surge in trading during the afternoon, supporting a reversal in mainland shares, Reuters said. The recovery followed early weakness tied to concerns about Chinese growth and corporate earnings.
FTSE China A50 winners and laggards
Leading constituent moves on October 23 came from the same market session, with figures shown by Investing.com:
- Contemporary Amperex Technology up 7.9 percent
- Cambricon Technologies up 5.4 percent
- Shandong Zhongji Electrical Equipment up 4.0 percent
- Agricultural Bank of China down 3.4 percent: banks lagged, Capital Futures said
- Industrial and Commercial Bank of China down 3.3 percent: banks lagged, Capital Futures said
- China Yangtze Power down 1.3 percent
The index recovered from 12,747 points
FTSE China A50 opened at 12,999 points. It fell to a session low of 12,747 points before reaching a high of 13,177 points. The closing level was 5 points below the high.
Financial shares lagged while technology and other sectors advanced, according to Capital Futures. The pattern matched the wider rebound in growth-sensitive mainland shares.
What comes next for FTSE China A50
- October 26, 2026: the next mainland China trading session after the weekend.
- October 31, 2026, 9:30 a.m. CST: China's October purchasing managers' index data are due, Vantage Markets says.
FTSE China A50 price data for October 23, 2026
The index closed at 13,172 points at 2:59 p.m. CST on October 23, 2026, according to Investing.com. It gained 172 points or 1.3 percent from the October 22 close of 12,999 points. The open was 12,999 points, with a high of 13,177 points and a low of 12,747 points.
FTSE China A50 by the numbers on October 23, 2026
- Index: FTSE China A50
- Home exchange: Shanghai and Shenzhen exchanges, China
- Close on October 23, 2026: 13,172 points
- Change versus previous close of October 22, 2026: up 172 points (up 1.3 percent)
- Previous close: 12,999 points
- Open: 12,999 points
- Day high / day low: 13,177 points / 12,747 points
- Top gainer: Contemporary Amperex Technology up 7.9 percent
- Top loser: Agricultural Bank of China down 3.4 percent
- Next scheduled event: October 31, 2026, 9:30 a.m. CST: China's October purchasing managers' index data
