Shanghai Composite ends 1.3 percent lower as tech selling deepens
Published on 10/27/2026 at 13:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTechnology losses and policy dates
- Shanghai Composite closed at 3,648 points on October 27, down 49 points or 1.3 percent.
- China's industrial profits rose 15.5 percent in the first nine months, but technology selling dominated.
- Cambricon Technologies fell 5.7 percent as AI and semiconductor shares extended their decline.
- The Federal Reserve rate decision is due October 29 at 2:00 a.m. CST.
The Shanghai Composite ended Tuesday, October 27, at 3,648 points, down 49 points or 1.3 percent. Technology selling outweighed stronger industrial-profit growth, China Daily reports.
Cambricon Technologies fell 5.7 percent, while Hygon Information Technology lost 5.5 percent and NAURA Technology declined 5.5 percent, Trading Economics said. The losses extended a broader retreat in Chinese artificial-intelligence and semiconductor shares.
Why is Shanghai Composite down today?
The Shanghai Composite turned lower after opening at 3,698 points. More than 4,900 stocks fell across Shanghai and Shenzhen, while combined turnover was 1.46 trillion yuan, according to International Business Times Australia.
China's industrial profits rose 15.5 percent year over year in the first nine months. September growth reached 14.4 percent, but the data failed to offset renewed selling in AI-related shares, Economic Times reported.
Technology shares lead Shanghai Composite losses
The CSI Semiconductor Index fell 5.8 percent to a six-month low, while the CSI AI Index lost nearly 4 percent. Bank shares provided a defensive counterweight, with the CSI Bank Index rising 1.3 percent, RTHK reported.
The decline followed early gains in mainland shares. The Shanghai Composite had been down only 0.13 percent at the midday break before afternoon selling intensified.
What comes next for Shanghai Composite
The Federal Open Market Committee's rate decision is scheduled for October 29 at 2:00 a.m. CST. The decision will arrive after the next Shanghai session and during the Communist Party's Fifth Plenum, which runs through October 29, according to Trading Economics.
Shanghai Composite price data for October 27, 2026
The Shanghai Composite closed at 3,648 points on October 27, 2026, down 49 points or 1.3 percent versus the previous close of 3,698 points, Futubull reported. It opened at 3,698 points.
Shanghai Composite by the numbers on October 27, 2026
- Index: Shanghai Composite
- Home exchange: Shanghai Stock Exchange, China
- Close on October 27, 2026: 3,648 points
- Change versus previous close of October 26, 2026: down 49 points (down 1.3 percent)
- Previous close: 3,698 points
- Open: 3,698 points
- Top loser: Cambricon Technologies down 5.7 percent
- Next scheduled event: October 29, 2026, 2:00 a.m. CST: Federal Reserve rate decision
