China stocks post biggest gain in 6 weeks as trade jitters ease
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China stocks experienced their largest gain in six weeks, with the Shanghai Composite index rising 1.4% to 3,916.33, driven by easing Sino-U.S. trade tensions and positive corporate earnings. The blue-chip CSI300 index increased by 1.5%, while Hong Kong's Hang Seng Index rose 0.7%. Optimism about a potential trade deal between the U.S. and China contributed to investor confidence, with expectations of a meeting between Presidents Trump and Xi at APEC. The AI sector surged 4.6%, and semiconductor shares rose 3%, reflecting strong market sentiment.
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