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Negative Sentiment

China Stocks Drop as Softer Trump Tone Fails to Erase Trade Fear

Chinese equities fell while bond futures rose, underscoring lingering trade anxiety even after President Donald Trump signaled over the weekend he’s open to talks. The Hang Seng China Enterprises Index slid 3.1% Monday, with tech heavyweights Alibaba and Tencent among the biggest drags. On the mainland, the CSI 300 dropped as much as 2.7%. Seeking to steady the yuan, the People’s Bank of China set its daily reference rate at the strongest level since November.

Prepared by Christopher Adams and reviewed by editorial team.

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