From Barchart: 2024-04-18 04:58:45

China stocks followed other Asian markets higher on Thursday, with banking shares leading the gains. The Shanghai Composite index was up 0.09%, while the CSI300 index rose 0.12%. However, investors are cautious about geopolitical tensions, President Biden’s call for higher tariffs on Chinese metal products may anger Beijing. The Hang Seng index was up 0.82%.

Asian stocks had their biggest gains in a month, while the dollar paused and oil rebounded. The largest percentage gainers in the Shanghai Composite index were Traffic Control Technology Co Ltd, Sinocelltech Group Ltd, and Eyebright Medical Technology Beijing Co Ltd. On the Hang Seng, Shenzhou International Group Holdings Ltd was the top gainer. Xinyi Glass Holdings Ltd was the biggest loser.



Read more at Barchart: China stocks track Asian markets higher