Business & Markets

China market data, sector analysis, and Canada-China trade intelligence

China Market Indices

Shanghai Composite
4,076.27
+1.51%
Shenzhen Component
14,021.34
+1.42%
Hang Seng
26,870.76
+0.36%
CSI 300
4,656.33
+1.09%

Currency Rates

USD/CNY
6.9335
-0.1843%
CAD/CNY
5.0849
+0.1014%
USD/CAD
1.3633
-0.2962%

Market Signals

AMD rakes in $390m from AI chip sales to China but warns of uncertainty

High Technology
AMD saw $390 million in AI chip sales to China in the fourth quarter of 2025, but warned of future uncertainty due to Washington-Beijing tensions affecting American companies like Nvidia.
Source: Nikkei Asia ·

Will Trump’s tariff threats influence Canada’s deal with China?: Brian Lee Crowley on CTV News

Elevated Trade
Source: Macdonald-Laurier Institute ·

China Telecom develops country’s first MoE models trained entirely on Huawei’s AI chips

Moderate Technology
This marked the first time a Chinese developer publicly validated the feasibility of using only Huawei chips to train AI models with MoE architecture, which has become widely adopted because of its ability to deliver high performance with fewer computational resources. The Huawei stack was able to meet the “severe demands” of training large-scale MoE models across many different sizes, TeleAI researchers said.
Source: SCMP Tech ·

The Chinese planemaker taking on Boeing and Airbus

Moderate Economic
Comac, China's state-owned planemaker, has made significant progress since its C919 passenger jet flew to Singapore in 2021. Designed to compete with Airbus A320neo and Boeing 737 MAX, the C919 aims to expand into markets beyond China amid supply chain disruptions and airline delivery delays. Analysts suggest Comac could become a global competitor, poised for growth in the fast-growing Asia-Pacific aviation market.
Source: BBC China ·

China outlines key tasks for agricultural modernization, rural revitalization in No. 1 central document for 2026

Moderate Technology
China's "No. 1 central document" for 2026 outlines key tasks for agricultural modernization and rural revitalization. It aims to improve rural policy effectiveness, ensure national food security, support farmers' income growth through coordinated policies on prices, subsidies, and insurance, and promote green, high-quality agriculture with cultural and tourism integration. The document also emphasizes technological advancements in AI, IoT, robotics, and bio-manufacturing for agricultural innovation, while boosting rural consumption and enterprise competitiveness globally.
Source: ECNS · February 4, 2026

Sector Breakdown

Hang Seng TECH ETF

Hang Seng TECH ETF
11.31
-2.33%

ChiNext Composite

ChiNext Composite
3,266.53
+0.00%

SSE 50

SSE 50
3,047.93
+0.00%

Shenzhen 100

Shenzhen 100
5,786.38
+0.00%

SPDR Gold Trust

SPDR Gold Trust
3,622.00
+10.09%

CSI 500

CSI 500
8,241.15
+0.00%

Top Movers

Gainers

Name Price (CNY) Change
CNOOC HK$23.90 +2.31%
PetroChina HK$9.10 +1.45%
Haidilao HK$16.12 +1.38%
Bank of China HK$4.66 +1.30%
China Construction Bank HK$7.91 +1.28%

Losers

Name Price (CNY) Change
Baidu HK$140.00 -0.99%
Meituan HK$92.10 -1.18%
Tencent Holdings HK$571.00 -1.72%
WuXi Biologics HK$36.32 -1.78%
SMIC HK$68.90 -2.20%

Regulatory Actions

Hong Kong privacy watchdog records 20% increase in data breaches – a third involves hacking

Low Legal
Hong Kong's privacy watchdog reported nearly 250 data breaches in 2025, a 21% increase from the previous year. A third involved hacking, with 81 incidents last year compared to 61 in 2024. The Office of the Privacy Commissioner for Personal Data (PCPD) received 246 notifications, up from 217 the year before. Schools and NGOs accounted for 37% of all breaches. Doxxing cases dropped by nearly a third to 308, but complaints fell by more than half over three years. The PCPD initiated 147 criminal investigations and referred 47 cases to police in 2025, with 18 suspects arrested. Ada Chung urged employers to strengthen privacy policies for employee data protection.
Source: Hong Kong Free Press ·

Canada-China Trade

Total Imports from China
$7.3B CAD
Total Exports to China
$4.0B CAD
Trade Balance
$-3.3B CAD
Commodity Export Value (CAD) Import Value (CAD) Balance Trend
Electronic & Electrical Equipment $94M CAD $2.4B CAD $-2.3B CAD Decreasing
Consumer Goods $161M CAD $2.1B CAD $-1.9B CAD Decreasing
Industrial Machinery & Equipment $46M CAD $896M CAD $-850M CAD Decreasing
Metal & Mineral Products $169M CAD $531M CAD $-362M CAD Decreasing
Forestry & Building Materials $335M CAD $403M CAD $-68M CAD Decreasing
Energy Products $1.4B CAD $38M CAD $1.3B CAD Decreasing
Farm, Fishing & Food Products $717M CAD $65M CAD $652M CAD Increasing
Chemicals, Plastics & Rubber $134M CAD $368M CAD $-234M CAD Decreasing
Motor Vehicles & Parts $20M CAD $370M CAD $-350M CAD Decreasing