The Shanghai Composite rose 0.23% to close at 3,969 while the Shenzhen Component gained 0.37% to 13,223 on Wednesday, with both benchmarks reversing losses from earlier in the session as bargain hunters stepped in, while investors looked ahead to key economic data.
Markets awaited China's October trade and inflation data later this week for clues on the strength of the economy, even as Sino-US trade tensions intensified during the month.
A private survey showed that services sector growth slowed to a three-month low in October.
Meanwhile, Premier Li Qiang said China's economy is expected to surpass CNY 170 trillion within five years and pledged to further open the domestic consumer market to global businesses, following the recent trade agreement with the US. Among notable gainers were Sungrow Power (+7.1%), Foxconn Industrial (+2.4%), Contemporary Amperex (+2.6%), TBEA Co (+10%), and Victory Giant (+1.3%).
Sumber : tradingview.com
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