Published on 09/19/2025 at 03:52 am EDT
(MT Newswires) -- Chinese stocks fell marginally on Friday as investors await the outcome of the possible talks between US President Donald Trump and Chinese President Xi Jinping.
The Shanghai Composite Index, the main gauge of Chinese stocks, slid 0.3% or by 11.57 points to 3,820.09. The Shenzhen Component Index declined 4.80 points to 13,070.86.
The talks between the two world leaders could focus on a deal with TikTok and tariffs, Reuters reported the same day.
Trump said in an interview on Fox that Beijing may have already approved a deal regarding the short video app's operations in the US.
"We had a very good meeting the other day and it sounds like they've approved TikTok and TikTok is a tremendous amount of money for the United States," Trump said.
Meanwhile, Morgan Stanley expects stronger fund inflows into Chinese equities in the second half, Retuers reported the same day.
In corporate news, STO Express surged 10% while YTO Express jumped 5% at market close Friday. Both logistics companies saw their express product revenues grow in August.
Sumber : MT Newswires
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