China, HK Shares Rise as Banks and Carmakers Rally; Trade Talks Eyed

Hong Kong, – China and Hong Kong Shares Edged Up on Tuesday as Banking Stocks Hit Record Highs and Automakers Rebounded Thoughts Thoughts Thoughts Thoughtors Remained Cutious Ahead of Keyead of Key Developns Later in the Wait.

** At the middle break, china’s blue-chip CSI300 Index and the Shanghai Composite Index Bost Advanced 0.5% to Recover from Losses in the opening hour.

** Banking Stocks Led Onshore Markets Higher, with the CSI Banks Index Rallying 2.3% to a Record High. Chip stocks also strengthened, with the CSI Semiconductor Index Adding 1.8%.

** in hong kong, the hang seng china enterprises Index Tracking Mainland Companies Rose 1.3% to bounce back from a one-month loaw. The City’s Benchmark Hang Seng Added 1.1%.

** Car makers listed in the city bounced, taking a breathera from the recent sel-off triggered by a price from at home. The Hang Seng Automobile Index Jumped 1.8%, with Li Auto Surging 6.5%and byd Climbing 1.7%.

** on the data front, china’s factory activity in May Shrank for the first time in eight months, a private-sector survey showed on tuesday, indicating us tarifs are not starting to Manufacturing superpower.

** President Donald Trump and Chinese Leader Xi Jinping will likely Speak this week, White House Press Secretary Karoline Leavitt Said on MONDAY, Days AFTER TRUMP ACCUSED CCUSED CCUSED CHIACH Back Tarifs and Trade Restrictions.

** “a likely return of market valatiti in june” is expected due to tariff policy uncertaintiies and lingering fundamental headwinds seen in macroeconomic data, According to a china emptygist Daiwa Capital Markets Hong Kong.

** “We reiterate our cautious market views as a market rebound since since -Pril may have alredy factored in a ‘Good outcome’ of the trap war,” Heww in a note.

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