Global Market: China stocks rebound as investors await US jobs data, domestic economic indicators

Global Market: China stocks rebound as investors await US jobs data, domestic economic indicators ETMarkets.com Investors are turning their attention to Friday’s US nonfarm payrolls report, which is expected to provide fresh insight into the strength of the US labour market and the Federal Reserve’s policy trajectory.

Synopsis Mainland Chinese stocks rebounded after two sessions of losses, with property shares leading gains.

Investors remained focused on upcoming US jobs data and China’s economic indicators for clues on interest rates, growth and policy support.

Hong Kong markets were largely flat, while Beijing reiterated efforts to boost domestic demand and maintain openness.

By Anupam Nagar, ETMarkets.com Sep 03, 2026, 11:18:00 AM IST Follow us Mainland Chinese stocks rebounded on Thursday after two consecutive sessions of losses, as investors looked ahead to key US employment data for clues on the Federal Reserve’s interest-rate outlook while also awaiting fresh domestic economic indicators, according to a report by Reuters.ADVERTISEMENT At the midday break, the Shanghai Composite was up 0.4%, while the blue-chip CSI300 index gained 0.5%.

The Shenzhen index rose 0.3%, and the ChiNext Composite advanced 0.4%.

Shanghai’s technology-focused STAR50 index was largely unchanged.Property stocks were among the strongest performers in morning trading.

The sector sub-index jumped 4.9%, recovering after three consecutive sessions of steep declines.

Also Read | Global Market: Japan’s Nikkei struggles for direction as chip stocks weigh, bond yields fall In Hong Kong, the benchmark Hang Seng Index was broadly flat at 25,317.49 points, while the Hang Seng Tech Index slipped 0.6%.US Jobs Data in Focus Investors are turning their attention to Friday’s US nonfarm payrolls report, which is expected to provide fresh insight into the strength of the US labour market and the Federal Reserve’s policy trajectory.ADVERTISEMENT Analysts are forecasting an increase of 56,000 jobs after the US economy unexpectedly shed 23,000 jobs in July.

Any signs of persistent economic strength or inflationary pressure could reinforce expectations for tighter US monetary policy, potentially affecting global asset prices and capital flows.ADVERTISEMENT ADVERTISEMENT China Economic Data Under Watch Investors are also awaiting a series of August economic indicators from China, with markets looking for evidence that recent policy support is beginning to translate into stronger economic activity.Reuters reported that Citi analysts expect economic activity to have remained subdued in August, while the key question for markets is whether growth begins to recover in September following recent policy measures.ADVERTISEMENT China has been seeking to support domestic demand and stabilize growth amid persistent weakness in parts of the economy, particularly the property sector.Central Bank Signals Focus on Domestic Demand Meanwhile, China’s central bank governor told a G20 meeting of finance ministers and central bank governors that Beijing does not deliberately seek to maintain a trade surplus, according to a statement from the People’s Bank of China released on Wednesday.ADVERTISEMENT The governor also reiterated China’s commitment to boosting domestic demand and maintaining a high degree of economic openness.The comments come as China faces increased scrutiny over its trade balance and export strength, while policymakers continue to emphasize domestic consumption as an important driver of future growth.

For investors, the combination of US labour-market data, expectations for Federal Reserve policy and China’s upcoming economic indicators is likely to set the tone for Asian markets in the near term.