Shanghai up, Shenzhen down as China trade data in focus
Shanghai Composite rose 0.3% to 3,945, while Shenzhen Component fell 0.3% to 13,731 amid cautious positioning ahead of China trade data. Exports seen accelerating to 25% y/y in August; imports forecast at 30% y/y.
3% to 13,731, as investors took a cautious stance ahead of China’s trade data due later in the day. 5%. Risk appetite was also tempered after Beijing announced preliminary anti-dumping measures on Japanese imports of a chemical used in semiconductor production. The latest step adds to a series of retaliatory actions tied to the ongoing Taiwan-related dispute between China and Japan.
3%). 3%) fell.