The Shanghai Composite added 0.2% to around 3,870 while the Shenzhen Component also rose 0.2% to 13,030 on Tuesday, recovering from the prior session’s losses amid signs of progress in US-China trade talks in Spain. US President Donald Trump and Chinese President Xi Jinping are scheduled to speak on Friday to finalize terms. Talks also covered the divestment of Chinese-owned TikTok, with US Treasury Secretary Scott Bessent stating that commercial terms have already been settled. Chinese equities also tracked global markets higher as investors awaited an expected rate cut from the US Federal Reserve this week. Technology stocks led the gains, with Victory Giant up 7.2%, Dawning Information up 8.4%, Hygon Information up 6.7%, Zhongji Innolight up 1.1% and Cambricon Technologies up 1.5%.