FX.co ★ China Stocks Slip as Investors Await Stimulus Measures

On Monday, the Shanghai Composite Index declined by 0.4% to fall below 3,290 points, while the Shenzhen Component Index dropped 0.5% to 9,867 points. These declines extended the market's downturn from the prior session as investors anticipated a forthcoming press conference, where Chinese officials were expected to announce new economic stimulus measures. Over the weekend, Finance Minister Lan Fo’an emphasized China's commitment to adopting more proactive policies aimed at fostering growth and ensuring stability. Meanwhile, uncertainty persisted around the US-China trade discussions, even though President Donald Trump indicated a willingness to reduce tariffs on Chinese goods, and China exempted certain US products from its 125% tariffs. Significant declines were observed among major firms, including BYD Company, which fell 3.1%, Eoptolink Technology, down 3.8%, Hyunion Holding, which slid 6.9%, Luxshare Precision, decreasing by 1.1%, and Better Life, which saw a drop of 7.7%.