Market Updates
Temporary Easing of US-China Trade Tensions Pushed China Indexes to Four-Year Highs
Li Chen
29 Oct, 2025
Hong Kong
China indexes advanced to four-year highs as US-China trade tensions appear to ease ahead of a meeting of leaders of the two nations.
Benchmark indexes in Shanghai and Beijing gained around 0.4%, amid expectations that the mercurial U.S. president will follow through on his promises of lowering tariffs.
Donald Trump proposed to lower goods tariffs, and if implemented, it would lower tariffs to 45% from the current 65%, making Chinese goods more attractive to U.S. businesses and customers.
Despite positive trade developments, investors remained cautious, because Donald Trump could change his mind tomorrow and raise tariffs again.
Tech stocks advanced in the hopes that the government's five-year plan drove home the importance of self-reliance in technology for China's economic development and national security.
China Indexes and Stocks
The mainland-focused CSI 300 index gained 0.5% to 4,714.54, and the Shanghai Composite Total Return Index added 0.4% to 4,568.62.
Financial markets in Hong Kong are closed to celebrate the Double Nine Festival.
ZTE dropped 7% to ¥45.90 after the telecom equipment maker reported an 88% drop in annual profit in the third quarter.
Ping An Insurance Group of China rose 2.4% to ¥59.14, and the company reported a 45% rise in third-quarter earnings due to improved investment gains.
Annual Returns
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|