Further Delay of US Tariffs Bolster Chinese Stocks

MT Newswires Live07-08

Chinese shares made gains as sentiment was uplifted over the further delay of US tariffs.

The Shanghai Composite Index added 0.7%, or 24.35 points, to finish Tuesday's trade at 3,497.48. The Shenzhen Component Index jumped 1.5%, or 152.89 points, to 10,588.40.

President Donald Trump signed an executive order that would extend the expiry of the 90-day tariff respite from July 9 to Aug. 1.

Trump sent letters to overseas trading partners on new tariff rates, but the executive order did not mention any letter sent to China. The White House said that some countries will be subject to a revised reciprocal tariff rate lower than the rate initially announced on April 2.

In corporate news, Grace Fabric Technology (SHA:603256) jumped 10% after signing an agreement with the local government of China's Tieshan District for the 720 million yuan construction of a high-performance glass fiber yarn production line.

Shandong Jinling Mining (SHE:000655) soared 10% after forecasting its attributable net profit to grow 66% to 112% to between 133 million yuan and 169 million yuan in the first half.

Ming Yang Smart Energy Group's (SHA:601615) climbed 4.3% despite the resignation of its vice chairman, Ge Changxin.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2549515589?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-07-08 15:45","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2549515589","market":"sh","top_or_hot":-1,"title":"Further Delay of US Tariffs Bolster Chinese Stocks","media":"MT Newswires Live","content":"<html><body><p> Chinese shares made gains as sentiment was uplifted over the further delay of US tariffs.</p><p>The Shanghai Composite Index added 0.7%, or 24.35 points, to finish Tuesday's trade at 3,497.48. The Shenzhen Component Index jumped 1.5%, or 152.89 points, to 10,588.40.</p><p>President Donald Trump signed an executive order that would extend the expiry of the 90-day tariff respite from July 9 to Aug. 1.</p><p>Trump sent letters to overseas trading partners on new tariff rates, but the executive order did not mention any letter sent to China. The White House said that some countries will be subject to a revised reciprocal tariff rate lower than the rate initially announced on April 2.</p><p>In corporate news, <a href=\"https://laohu8.com/S/603256\">Grace Fabric</a> Technology (SHA:603256) jumped 10% after signing an agreement with the local government of China's Tieshan District for the 720 million yuan construction of a high-performance glass fiber yarn production line.</p><p><a href=\"https://laohu8.com/S/000655\">Shandong Jinling</a> Mining (SHE:000655) soared 10% after forecasting its attributable net profit to grow 66% to 112% to between 133 million yuan and 169 million yuan in the first half.</p><p><a href=\"https://laohu8.com/S/601615\">Ming Yang Smart</a> Energy Group's (SHA:601615) climbed 4.3% despite the resignation of its vice chairman, Ge Changxin.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Further Delay of US Tariffs Bolster Chinese Stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFurther Delay of US Tariffs Bolster Chinese Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-07-08 15:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Chinese shares made gains as sentiment was uplifted over the further delay of US tariffs.</p><p>The Shanghai Composite Index added 0.7%, or 24.35 points, to finish Tuesday's trade at 3,497.48. The Shenzhen Component Index jumped 1.5%, or 152.89 points, to 10,588.40.</p><p>President Donald Trump signed an executive order that would extend the expiry of the 90-day tariff respite from July 9 to Aug. 1.</p><p>Trump sent letters to overseas trading partners on new tariff rates, but the executive order did not mention any letter sent to China. The White House said that some countries will be subject to a revised reciprocal tariff rate lower than the rate initially announced on April 2.</p><p>In corporate news, <a href=\"https://laohu8.com/S/603256\">Grace Fabric</a> Technology (SHA:603256) jumped 10% after signing an agreement with the local government of China's Tieshan District for the 720 million yuan construction of a high-performance glass fiber yarn production line.</p><p><a href=\"https://laohu8.com/S/000655\">Shandong Jinling</a> Mining (SHE:000655) soared 10% after forecasting its attributable net profit to grow 66% to 112% to between 133 million yuan and 169 million yuan in the first half.</p><p><a href=\"https://laohu8.com/S/601615\">Ming Yang Smart</a> Energy Group's (SHA:601615) climbed 4.3% despite the resignation of its vice chairman, Ge Changxin.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK0259","symbol_name":"通用设备","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2549515589","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549515589","pubTimestamp":1751960718,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Chinese shares made gains as sentiment was uplifted over the further delay of US tariffs.The Shanghai Composite Index added 0.7%, or 24.35 points, to finish Tuesday's trade at 3,497.48. The Shenzhen Component Index jumped 1.5%, or 152.89 points, to 10,588.40.President Donald Trump signed an executive order that would extend the expiry of the 90-day tariff respite from July 9 to Aug. 1.Trump sent letters to overseas trading partners on new tariff rates, but the executive order did not mention any letter sent to China. The White House said that some countries will be subject to a revised reciprocal tariff rate lower than the rate initially announced on April 2.In corporate news, Grace Fabric Technology  jumped 10% after signing an agreement with the local government of China's Tieshan District for the 720 million yuan construction of a high-performance glass fiber yarn production line.Shandong Jinling Mining  soared 10% after forecasting its attributable net profit to grow 66% to 112% to","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"601615":"明阳智能","603256":"宏和科技","BK0259":"通用设备","BK0249":"黑色金属","000655":"金岭矿业","BK0235":"非金矿物","BK0188":"融资融券"},"translate_title":"美国关税进一步推迟提振中国股市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"601615":0.9,"603256":0.9,"000655":0.9},"content_text":"Chinese shares made gains as sentiment was uplifted over the further delay of US tariffs.The Shanghai Composite Index added 0.7%, or 24.35 points, to finish Tuesday's trade at 3,497.48. The Shenzhen Component Index jumped 1.5%, or 152.89 points, to 10,588.40.President Donald Trump signed an executive order that would extend the expiry of the 90-day tariff respite from July 9 to Aug. 1.Trump sent letters to overseas trading partners on new tariff rates, but the executive order did not mention any letter sent to China. The White House said that some countries will be subject to a revised reciprocal tariff rate lower than the rate initially announced on April 2.In corporate news, Grace Fabric Technology (SHA:603256) jumped 10% after signing an agreement with the local government of China's Tieshan District for the 720 million yuan construction of a high-performance glass fiber yarn production line.Shandong Jinling Mining (SHE:000655) soared 10% after forecasting its attributable net profit to grow 66% to 112% to between 133 million yuan and 169 million yuan in the first half.Ming Yang Smart Energy Group's (SHA:601615) climbed 4.3% despite the resignation of its vice chairman, Ge Changxin.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2549515589","isCrawlerRequest":true}