Chinese Stocks See Mixed Ending Despite Higher-Than-Expected Trade Data

Published on 08/07/2025 at 03:42 am EDT
(MT Newswires) -- Chinese stocks closed mixed on Thursday despite export and import data exceeding analysts' expectations in July.
The Shanghai Composite Index, the main gauge of Chinese stocks, rose 0.2% or by 5.67 points to 3,639.67. The Shenzhen Component Index declined 0.2% or by 19.84 points to 11,157.94.
Exports jumped 7.2% to $321.8 billion in value, while imports climbed 4.1% to a value of $223.5 billion, according to data from customs.
The numbers beat a 5.4% growth in exports predicted by Reuters-polled analysts and economists' forecast of a 1% drop in imports.
Investors are still monitoring the effects of the US' self-imposed deadline of Aug. 12 for a trade deal with China or an extension of a trade truce, Reuters reported separately the same day.
On the corporate front, BeOne Medicines (SHA:688235) shares in Shanghai tanked 4% at close. The former BeiGene returned to a net profit of $94.3 million in the second quarter from a loss of $120.9 million in the year-ago period.

Sumber : MT Newswires