FX.co ★ China Stocks Mixed Amid Lingering Trade Tensions

On Tuesday, Mainland China's stock markets experienced a lack of clear direction. The Shanghai Composite Index saw a modest increase of 0.2%, bringing it closer to the 3,300-mark, while the Shenzhen Component Index saw a slight decline of 0.25%, landing at 9,880. The markets were still feeling the effects of ongoing trade tensions, particularly after Beijing accused the US of misusing tariffs earlier this week. Chinese authorities also cautioned other nations against forming trade deals that unduly favor the US. Despite these geopolitical tensions, investors remained hopeful for further stimulus policies from Beijing to mitigate the economic repercussions of US tariffs. Anticipated measures include higher bond issuance and increased government expenditure. In the corporate sector, Lakala Payment experienced a significant surge of 11.6%, Hytera Communication rose by 2.6%, and CNPC Capital increased by 10%. Conversely, Victory Giant saw a 3.9% decline, Beijing Enlight Media dropped by 7.6%, and Talkweb Information fell by 3.6%.