The Shanghai Composite rose 0.45% to close at 3,634 on Wednesday, while the Shenzhen Component gained 0.64% to 11,178, marking a third straight session of gains as optimism grew over progress in US-China trade talks. President Donald Trump said a deal to extend the current trade truce, set to expire on August 12, was “very close.” He also signaled plans to meet with Chinese President Xi Jinping once negotiations conclude, likely before the end of the year. Meanwhile, investors await fresh trade and inflation data from China to assess the impact of shifting global trade dynamics on the domestic economy. Notable gainers included China CSSC (10%), Victory Giant (4.3%), Sunward Intelligence (1.9%), Eoptolink Technology (2.2%), and Wolong Electric (6.7%).