5 August 2025, 07:14  China: Stocks Rise on Strong Services Data.

The Shanghai Composite rose 0.4% to around 3,600, while the Shenzhen Component added 0.35% to 11,080 on Tuesday, building on gains from the previous session as investors responded to encouraging economic data. China’s services sector expanded at the fastest pace in 14 months in July, buoyed by stronger foreign demand. Improving trade sentiment also supported the rally, with investors closely watching the potential extension of the US-China trade truce ahead of the August 12 deadline. High-growth sectors led the advance, particularly technology and healthcare. Notable gainers included Zhongji Innolight (1.2%), Foxconn Industrial (2.1%), Anhui Greatwall (10%), Hybio Pharmaceuticals (8.6%), and Wuxi Apptec (1.8%).

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