--- title: "China Stocks Rise Despite Weak Data, Trade Tensions" type: "News" locale: "en" url: "https://longbridge.com/en/news/242853734.md" description: "China's Shanghai Composite rose 0.2% to above 3,350, and the Shenzhen Component gained 0.1% to 10,050, despite weak economic data and trade tensions with the US. A private survey indicated a contraction in China's manufacturing activity, with a decline in new export orders. Trade tensions escalated after China rejected US accusations of violating a trade agreement. However, investor sentiment remained optimistic amid speculation of a potential phone call between Trump and Xi Jinping. Notable gainers included Shenzhen Forms (up 14.4%) and Ourpalm Co (up 14.7%)." datetime: "2025-06-03T02:39:58.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/242853734.md) - [en](https://longbridge.com/en/news/242853734.md) - [zh-HK](https://longbridge.com/zh-HK/news/242853734.md) generator: "portal-rs" --- # China Stocks Rise Despite Weak Data, Trade Tensions The Shanghai Composite rose 0.2% to above 3,350 while the Shenzhen Component gained 0.1% to 10,050 in post-holiday trade on Tuesday, recouping losses from the previous session despite soft economic data and renewed trade tensions with the US. A private survey revealed that China’s manufacturing activity unexpectedly contracted in May, with a sharper decline in new export orders—underscoring the ongoing impact of US tariffs. Trade tensions flared further after Beijing rejected US President Donald Trump’s accusation that China had violated a temporary trade agreement, and vowed to take retaliatory action if necessary. Despite these headwinds, investor sentiment remained cautiously optimistic amid speculation that Trump and Chinese President Xi Jinping could hold a phone call this week to discuss trade matters. Among the top gainers were Shenzhen Forms (up 14.4%), Guangzhou Haige (5.4%), Lakala Payment (3.2%), Ourpalm Co (14.7%), and Hyunion Holding (10%). ### Related Stocks - [300315.CN](https://longbridge.com/en/quote/300315.CN.md) ## Related News & Research - [Is Fortnite Down? Here’s Why Servers Are Offline as Season 4: Override Arrives](https://longbridge.com/en/news/296455297.md) - [Monarch Game Studios Launches Investment Round to Connect Video Games Into a Live Rewards Network](https://longbridge.com/en/news/296506888.md) - [Planned Arctic Economic and Security Corridor All-Weather Road Positively Affects Sixty North Gold's Mon Gold Mine, NWT | SXNTF Stock News](https://longbridge.com/en/news/296360681.md) - [Game Science unveils 15 minutes of gameplay from Black Myth: Zhong Kui](https://longbridge.com/en/news/296441883.md) - [JDC: Record growth in turnover and EBITDA, with strong outlook driven by new regulation and AI](https://longbridge.com/en/news/296247395.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**