Oct 16, 2025, 11:45 GMT+7
By Jiaxing Li
Reuters - China stocks climbed after an initial wobble on Thursday, despite fresh trade barbs, as defensive sectors continued to lift the market amid ongoing sector rotation.
** At the midday break, the Shanghai Composite indexgained 0.1% to 3,916.10 points and the blue-chip CSI300 indexadded 0.33%, both recovering from the weakness in opening hours.
** Hong Kong's Hang Seng Index fell 0.4% to 25,799.27.
** Although risk factors such as trade frictions have intensified, denting market sentiment, the fundamental long-term logic supporting this round of A-share bull run remains intact, analysts at BOCI Securities wrote in a note.
** "The broad indexes could get bumpy in short term, but the market would still find new industry trends to push higher," they added.
** On Wednesday, top U.S. officials blasted China's major expansion of rare earth export controls as a threat to global supply chains, but said leaders of the two countries are likely to discuss another tariff truce extension during the upcoming meeting in Korea.
** The rare earth sectordeclined more than 2% to pull back further from its all-time peak following the U.S. push back.
** However, financials extended recent gains to lift the market higher as investors took on more defensive positions. The insurance sector (.CSI399809) added 1.3% to its highest in 1-1/2 months, and the banking sectorwas set for the fifth straight session of gains.
** The tech sectors rebounded on fresh AI optimism after TSMC guided a record quarter. China's semiconductor index added 0.3% and AI-related sharesstrengthened 0.7%.
** Also lifting the market, Apple suppliers climbed after Tim Cook pledged to boost the tech giant's investment in China. The CSI Consumer Electronics Index (.CSI931494) added 0.9%.

Sumber : Reuters