FX.co ★ China Stocks Dip as Investors Await Trade Talk Updates

On Tuesday, the Shanghai Composite saw a slight decline of 0.1%, settling at approximately 3,595, while the Shenzhen Component fell by 0.5% to 11,160. This downturn follows gains in the previous session, as investors exercised caution in anticipation of developments from the US-China trade negotiations currently taking place in Stockholm. The two major economies are striving to extend their fragile trade truce by an additional 90 days before the looming August 12 deadline. The results of these talks could potentially set the stage for a meeting between President Donald Trump and President Xi Jinping later this year, and may also lead to reduced tensions in crucial sectors such as semiconductors and rare earths. Among the significant decliners were China Northern Rare Earth, down by 1.4%, East Money Information, which dropped 1.9%, Power Construction, which decreased by 3.4%, Shenghe Resources, down by 1.4%, and Accelink Technology, which fell by 1.7%.