Chinese Stocks Rise Amid Tech Self-Reliance Focus and Xi-Trump Meeting

Reported about 11 hours ago

Chinese stocks gained as renewed calls for technological self-reliance were made at a major Communist Party gathering, coinciding with optimism surrounding an upcoming summit between Presidents Xi Jinping and Donald Trump. The CSI 300 Index increased by 1.2%, bolstered particularly by technology shares, which saw significant gains, with the ChiNext Index up 3.6% and the STAR 50 Index up 4.4%. The Communist Party's commitment to boosting scientific and technological independence in the next five years, along with the potential for improved US-China relations, has contributed to a positive market sentiment.

Source: YAHOO

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