China Stocks Flat Amid Ongoing Trade Tensions
Thursday, June 05, 2025       09:41 WIB

The Shanghai Composite and Shenzhen Component were little changed on Thursday, struggling for clear direction amid heightened uncertainty on Sino-US trade relations.
US President Donald Trump on Wednesday stated it was "extremely hard" to reach a deal with Chinese President Xi Jinping, despite earlier suggestions that the two leaders could speak this week.
Tensions were further inflamed by Beijing's reluctance to ease restrictions on rare earth exports, a key issue for the US, and accusations from China that Washington is curbing its access to advanced technologies.
On the economic front, China's services sector growth accelerated in May, supported by stronger expansion in both new business and overall activity, offering some relief amid broader uncertainty.
In corporate moves, notable gainers included Fujian Snowman (+7.8%), GZ Kingteller (+4.4%), and Yusys Technologies (+10.3%).
On the downside, BYD Company fell 0.8%, and Contemporary Amperex declined 0.6%.

Sumber : tradingview.com