What happened
By August 30, 2,896 Shenzhen-listed companies had published their 2026 semi-annual reports, a disclosure rate of nearly 100%. Combined revenue reached 11.37 trillion yuan, up 11.04% year-on-year, while net profit attributable to shareholders totaled 753.36 billion yuan, up 26.52%. More than 70% of the companies were profitable, and nearly half reported profit growth from a year earlier.
On the Shenzhen main board, 1,493 companies generated total revenue of 8.83 trillion yuan, an increase of 7.81%, with average revenue of 5.915 billion yuan. Among them, 909 companies (60.88%) saw revenue rise and 719 (48.16%) saw net profit increase. Nonferrous metals, power equipment and non-bank financials led the gains, with 52 of 56 nonferrous metals firms raising revenue and 41 boosting profits; 26 grew profit by over 50%, and 21 doubled.
On ChiNext, 1,403 companies recorded revenue of 2.54 trillion yuan, up 23.90%, and net profit of 202.753 billion yuan, up 32.73%. R&D expenses climbed 11.69% to 112.087 billion yuan. Electronics, communications and power equipment sectors surged, with electronics profits jumping 181.88% and communications profits 116.80%.
Why it matters
The results underscore a distinctive pattern: the main board acts as an economic stabilizer, with mature industry leaders staying resilient, while ChiNext companies serve as innovation accelerators, pushing growth through R&D. This combined strength reflects the market's role in supporting China's broader shift toward high-quality, technology-driven development.
The sharp profit growth in high-tech sectors such as electronics and communications indicates that innovation is increasingly translating into earnings. It also suggests that listed companies are deepening their focus on key technologies and new growth engines, reinforcing the capital market's contribution to economic transformation.
Key facts
2,896 Shenzhen-listed companies disclosed 2026 interim reports as of Aug 30, a near-100% disclosure rate.
Combined revenue rose 11.04% to 11.37 trillion yuan; net profit rose 26.52% to 753.36 billion yuan.
More than 70% of companies were profitable, and nearly 50% saw net profit growth.
Main board: 1,493 companies, revenue of 8.83 trillion yuan, up 7.81%; 909 companies increased revenue, 719 increased profit.
ChiNext: 1,403 companies, revenue of 2.54 trillion yuan, up 23.90%; net profit of 202.753 billion yuan, up 32.73%.
ChiNext R&D expenses reached 112.087 billion yuan, up 11.69%.
What to watch next
Investors will be watching whether main board blue-chips can sustain their momentum by venturing into new energy, intelligent manufacturing and digital transformation to build second growth curves, as some have already begun doing.
On ChiNext, the key is whether rising R&D spending continues to convert into competitive products and sustained profit growth, particularly in frontier areas like AI computing and industrial robotics, while old-economy sectors gradually give way to high-tech drivers.