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FX.co ★ China Stocks Mixed as US Trade Talks Continue

China Stocks Mixed as US Trade Talks Continue

On Tuesday, the Shanghai Composite inched up by 0.1% to approximately 3,403, whereas the Shenzhen Component edged down by 0.2% to 10,230, as mainland stocks showed an unclear trend amid ongoing Sino-US trade discussions in London, now in their second day. Representatives from both nations resumed dialogue on Monday, concentrating on rare earth shipments and the possibility of loosening export restrictions. President Donald Trump remarked on the negotiations, acknowledging that China presents challenges, yet he noted receiving positive feedback from his team. Domestically, recent economic indicators revealed persistent deflationary pressures and weak trade performance, underscoring the impact of the enduring trade dispute. In individual stock performances, Hygon Information surged by 5.4%, and Shenzhen Forms rose by 5.7%, while East Money decreased by 0.9% and Hengbao Co. dropped by 1.8%.

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