Jan 13, 202515:59GMT+7
(MT Newswire) - Chinese stocks opened the week with a subdued performance after the country released its latest trade data showing a moderation in export growth in December 2024.
The Shanghai Composite Index, the main gauge of Chinese stocks, slid 0.25% or by 7.77 points to 3,160.76. The Shenzhen Component Index inched 0.0024% up or by 0.23 points to 9,796.18.
Total exports rose 11% year over year to $3.356 trillion in December 2024, while imports inched up 1.0% to $2.308 trillion, according to data from the General Administration of Customs released Monday.
The balance of trade stood at $1.048 trillion during the month. For the whole of 2024, the balance of trade was at $9.922 trillion, with exports rising 5.9% to $35.8 trillion and imports increasing 1.1% to $25.9 trillion.
Meanwhile, oil imports declined 1.9% in 2024 to 553.4 million metric tons or 11.04 million barrels per day, Reuters reported, citing Customs data. In 2023, imports were at 11.28 million barrels per day.
Vehicle sales also increased 12% to 2.6 million units in December, the China Passenger Car Association said Thursday.
On the corporate front, shares in SAIC Motorclosed 2% higher after it said it will partner with battery giant Contemporary Amperex Technologyor CATL for battery production.
CATL 's shares finished marginally higher during Monday's trading.

Sumber : MT Newswires