March 26, 2025 at 03:36 am EDT
(MT Newswires) -Chinese shares closed marginally lower on Wednesday, reflecting investor apprehension surrounding potential US tariffs and a cautious reception to China's promised stimulus measures.
The Shanghai Composite Index slipped marginally to 3,368.70, while the Shenzhen Component Index was almost unchanged in negative territory at 10,643.82.
The market's tepid performance comes amid the lingering uncertainty stemming from the ongoing trade tensions between China and the US. Investors remain wary of the impact of additional tariffs planned by US President Donald Trump, despite China's assurances of its preparedness to withstand potential "shocks."
Adding to the muted sentiment, while Chinese Finance Minister Lan Fo'an announced Beijing's intention to accelerate fiscal stimulus measures, investors remain skeptical due to the lack of specific details
In corporate news, Zhejiang Dafeng Industry slumped 8.8% after it announced a partnership with AgiBot Innovation Technology to develop humanoid robots.
Gansu Engineering Consulting dropped 3.6% despite winning three projects through its subsidiaries, including the construction of Lanzhou University's Life and Medical Research Building.

Sumber : MT Newswires