China's main stock index hits best finish in 4 years
Shanghai's main stock index closed at 3,633.99 on Wednesday—its best finish since late 2021.
This marks a third straight day of gains, thanks to growing excitement over a possible US-China trade deal, with Trump suggesting a meeting with Xi Jinping by year-end if an agreement is reached.
US-China trade talks boost Shanghai index
A big trade agreement between the US and China could shake up global markets—and investors are paying attention.
Sectors like defense and coal saw the biggest jumps, while everyone's waiting for key economic data to see if this rally has staying power.
China tweaks tax rules to push more money into stocks
Not everyone's as upbeat: Hong Kong's market barely moved, showing some caution with all the trade talk still up in the air.
Meanwhile, China is tweaking tax rules to push more money into stocks—a move meant to keep market momentum going as new economic reports roll in.
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