Jul 4, 2025, 14:42 GMT+7
(MT Newswires) - Chinese shares were mixed on Friday as signs of the de-escalation of trade tensions between the US and China boosted market sentiment, but was offset by a lack of fresh catalysts.
The Shanghai Composite Index, the main gauge of Chinese stocks, rose 0.3% to 3,472.32. The Shenzhen Component Index ticked down 0.3% to 10,508.76.
Sentiment in the local equities market improved following news the US told GE Aerospace to resume jet engine shipments to China's state-owned aerospace manufacturer COMAC. Meanwhile, China is reviewing export licenses for controlled items after the US eased its curbs on chip technology.
However, this was tempered by expectations that Chinese stocks will stagnate in the second half due to a lack of fresh catalysts.
Chinese brokerages said yuan-denominated stocks will be weighed down by a deflationary trend and weak earnings growth, with the stagnation eased by state intervention and weak economic recovery, the South China Morning Post reported.
In company news, Shenzhen Fortune Trend Technologysaid Chair Huang Shan plans to reduce his stake in the company by up to 7,683,400 shares, or 3%, due to personal financial needs. Shares of the financial information business operator dropped 8% Friday.

Sumber : MT Newswires