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Chinese markets deliver a mixed performance amid trade developments

09-Nov-2026 | 16:23
The Shanghai Composite rose 0.32% to close at 3,660.8 on Monday, while the Shenzhen Component declined 0.27% to 11,145.5, resulting in a mixed performance despite easing US-China trade tensions. China will extend the suspension of an additional 24% tariff on US goods until January, while retaining the existing 10% import duty. It will also extend the waiver of special port fees on US vessels until January 10. These measures follow the framework agreed upon by US President Donald Trump and Chinese President Xi Jinping at their October 2025 summit.

On the economic front, China?s annual consumer inflation eased to 0.7% in October from 0.9% in September, marking its lowest level since July. In contrast, producer price inflation accelerated to 5.7% from 5% in the previous month, reaching its highest level in more than four years.

Among individual stocks, Bank of China Limited, Foxconn Industrial Internet and Cambricon Technologies gained 2.19%, 4.57% and 6.02%, respectively. However, CATL and NAURA Technology declined 2.19% and 2.71%, respectively.

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