The Shanghai Composite climbed 0.5% to around 3,990 while the Shenzhen Component advanced 1.2% to 13,380 on Thursday, marking a second straight session of gains as a rebound on Wall Street overnight lifted global risk appetite. Investors also awaited China’s October trade and inflation data due later this week for signals on economic momentum, even as Sino-US trade tensions intensified during the month. Meanwhile, Premier Li Qiang recently stated that China’s economy is expected to exceed CNY 170 trillion within five years and vowed to further open the domestic consumer market to global firms, following the recent trade deal with the US. Leading gainers included TBEA Co (6.4%), Zhongji Innolight (1.8%), Cambricon Technologies (3.9%), Hygon Information (7.2%), and Victory Giant (2.7%).
