China Stocks Extend Rally on Trade Optimism
Wednesday, August 13, 2025       09:55 WIB

The Shanghai Composite rose 0.2% to above 3,670, while the Shenzhen Component gained 1% to 11,470 on Wednesday, with the former reaching its highest level since December 2021 as the extension of a tariff truce between the US and China continued to lift sentiment.
The two countries have kept retaliatory tariffs below triple-digit levels following recent trade talks in Geneva, London, and Stockholm.
Mainland equities also mirrored gains on Wall Street overnight after US inflation data reinforced expectations of a Federal Reserve interest rate cut next month.
In corporate news, China Evergrande Group, the world's most indebted property developer, said Tuesday it will delist from the Hong Kong Stock Exchange.
Technology stocks led the advance, with notable gains from Eoptolink Technology (+14%), Zhongji Innolight (+8%), and Foxconn Industrial (+4.1%).

Sumber : tradingview.com