FX.co ★ China Stocks Rise for Second Session on Tech Boost

On Wednesday, Chinese stocks continued their upward trajectory, with the Shanghai Composite Index increasing by 0.3% to surpass 3,370, and the Shenzhen Component Index advancing 0.9% to reach 10,150. This marked the second consecutive day of upward movement, buoyed by strong performances in the technology sector and favorable developments from Wall Street, where Nvidia saw an impressive nearly 3% surge, reclaiming its status as the world's most valuable publicly traded company. These gains occurred in spite of the mounting trade tensions, as China robustly dismissed President Donald Trump's allegations of violating a temporary trade agreement and cautioned about potential retaliatory measures. Nonetheless, market sentiment remained cautiously positive, fueled by speculation that a dialogue between Trump and Chinese President Xi Jinping might occur this week to alleviate the tensions. Among the notable stocks that experienced significant gains were Eoptolink Technology, which rose by 6.1%, Zhongji Innolight, up by 5.6%, GZ Kingteller, which increased by 9.5%, and Wus Printed Circuit, which gained 6.2%.