Shanghai Composite Falls 1.18% as Defense Sector Sheds 0.43%
On September 11, 2026, the Shanghai Composite Index fell 1.18%. Across Shenwan industry classifications, only two sectors rose, led by communications at 1.41% and building materials at 0.13%, while nonferrous metals and basic chemicals fell 3.98% and 2.98%. The defense and military industry slipped 0.43% but drew RMB 525 million in net main-force inflows, led by Inner Mongolia First Machinery at RMB 893 million. China Shipbuilding saw RMB 521 million in net outflows. Main-force funds across both markets saw net outflows of RMB 41.05 billion.
On September 11, 2026, the Shanghai Composite Index fell 1.18%. Under the Shenwan industry classification, two sectors advanced on the day: communications rose 1.41% and building materials gained 0.13%. The steepest decliners were nonferrous metals, down 3.98%, and basic chemicals, down 2.98%. The defense and military industry fell 0.43%.
On the capital flow side, main-force funds across the Shanghai and Shenzhen markets recorded a full-day net outflow of RMB 41.05 billion, with four industries posting net main-force inflows. Communications led with a net inflow of RMB 5.28 billion, while the defense and military industry drew RMB 525 million. Twenty-seven industries saw net main-force outflows, including electronics at RMB 7.05 billion, nonferrous metals at RMB 6.97 billion, and sizable outflows in machinery and equipment, non-bank financials, and pharmaceuticals and biotechnology.
The defense and military industry comprised 137 stocks on the day: 54 rose, three hit the daily limit, and 83 fell. By capital flow, 44 stocks in the sector recorded net inflows, six of which exceeded RMB 100 million. Inner Mongolia First Machinery led with a net inflow of RMB 893 million, followed by Boyun New Material at RMB 698 million, Photoelectric at RMB 249 million, Yinhe Electronics at RMB 195 million, Kingsignal at RMB 137 million, and Guoke Military Industry at RMB 107 million.
Among defense and military industry stocks with net outflows, eight saw outflows exceeding RMB 50 million. China Shipbuilding recorded a net outflow of RMB 521 million, Feilihua RMB 432 million, and AVIC Shenyang Aircraft RMB 112 million. AECC Aviation Power saw a net outflow of RMB 105 million, AVIC Chengdu Aircraft RMB 92 million, Kuang-Chi Technologies RMB 72 million, Songfa RMB 67 million, and AVIC Airborne Systems RMB 59 million.