Chinese stocks end stable, recording slight weekly gains

Chinese stock indices ended trading today largely flat, but recorded slight weekly gains, amid a state of anticipation in markets following signals from US President Donald Trump about the possibility of ending the tit-for-tat escalation in tariffs between the world’s two largest economies.

The main CSI 300 index, which includes the largest companies listed on the Shanghai and Shenzhen stock exchanges, settled at 3,399 points, recording a weekly gain of 0.6%, while the Shanghai Composite Index fell 0.1%, ending an eight-session winning streak, according to Reuters.

The main CSI 300 index had lost about 3% since April 2, 2025, after Trump announced the imposition of tit-for-tat tariffs, which affected global markets. However, intervention by state-backed investors and the Chinese stock exchanges’ implementation of daily caps on net stock sales helped to calm the declines. In contrast, the Hong Kong market was closed this week for local holidays, with trading set to resume next Tuesday. Over the course of the short week, the Hang Seng Index rose 2.3%. Consumer staples stocks fell 1%, weighing on the overall market performance. Financial stocks gained 0.7%, and the BSE 50 index of emerging companies listed in Beijing rose nearly 2%.