Chinese Shares Rise, Led by Tech Stocks -- Market Talk
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Dow Jones NewsApr 14, 2:18 AM UTC
DJ Chinese Shares Rise, Led by Tech Stocks -- Market Talk
0218 GMT - Chinese shares are higher after President Trump exempted many tech products from his reciprocal tariffs on China, with the Shanghai Composite Index rising 0.7% to 3260.92. The Shenzhen Composite Index is 1.4% higher and the ChiNext Price Index gains 0.9%. Investors continue to closely monitor trade developments between the U.S. and China amid the fluid situation and expect Beijing to deliver more stimulus measures to support the economy. Tech companies are leading the gains, with Foxconn Industrial Internet rising 2.0% and iFlytek 1.1% higher. Decliners include Poly Developments & Holdings, which is 0.5% lower, and Beijing Shanghai High Speed Railway, which is down 1.0%. (tracy.qu@wsj.com)
(END) Dow Jones Newswires
April 13, 2025 22:18 ET (02:18 GMT)
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