The Shanghai Composite rose 0.3% to above 3,590 while the Shenzhen Component fell 0.1% to 11,090 on Wednesday, with mainland stocks showing mixed performances as uncertainty over US-China trade relations persisted. US Treasury Secretary Scott Bessent said officials from both countries will meet in Stockholm next week to discuss extending the trade negotiation window. Beijing has so far agreed to lift its export ban on rare earth metals and magnets to the US.
In return, Washington will resume shipments of semiconductor design software, production materials, and commercial aircraft engines to China. Investors are now looking ahead to China’s industrial profits data due this weekend for further insight into how domestic firms are coping with ongoing tariff pressures. Among individual stocks, China Northern Rare Earth climbed 3.1%, Inner Mongolia rose 5.9%, and Wolong Electric added 4.4% on optimism over the easing of trade restrictions.
