The Shanghai Composite climbed 0.4% to above 3,930 while the Shenzhen Component advanced 1% to 13,150 on Friday, with the former reaching fresh ten-year highs after the White House confirmed the Trump-Xi meeting next Thursday on the sidelines of the APEC summit.
President Trump said he aims to extend the pause on higher tariffs on Chinese goods in exchange for concessions on soybean purchases, fentanyl controls, and rare earth exports, among others.
US and Chinese trade negotiators are set to meet in Malaysia over the weekend ahead of the leaders' talks.
Meanwhile, China's Fourth Plenum concluded on Thursday with the Communist Party pledging to strengthen domestic consumption and manufacturing while accelerating efforts toward tech self-reliance.
High-growth tech and clean energy shares led the rally, with Zhongji Innolight, Luxshare Precision, Victory Giant, Sungrow Power, and Contemporary Amperex rising between 2% and 6.4%.
Sumber : tradingview.com
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