Chinese stocks climb on tech self-reliance push, Xi-Trump meet
Chinese stocks advanced as renewed emphasis on technological self-reliance at a key political gathering and confirmation of the US-China summit supported sentiment. Benchmarks for Chinese shares in Hong Kong and on the mainland were both up about 0.5% as of 10:28 a.m. local time. Gains were more pronounced in tech-focused gauges, with the ChiNext Index rising as much as 2.2% and the STAR 50 Index rallying more than 3%.
Chinese stocks advanced as renewed emphasis on technological self-reliance at a key political gathering and confirmation of the US-China summit supported sentiment. Benchmarks for Chinese shares in Hong Kong and on the mainland were both up about 0.5% as of 10:28 a.m. local time. Gains were more pronounced in tech-focused gauges, with the ChiNext Index rising as much as 2.2% and the STAR 50 Index rallying more than 3%.
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