Chinese Shares Fall After Trump's Tariff Hike -- Market Talk

Dow Jones04-03

0717 GMT - Chinese shares ended lower, weighed by home appliances, consumer products and hardware stocks. Investors are digesting the impact of Trump's so-called reciprocal tariffs, with China facing total duties of 54%. Some analysts think Beijing may release more stimulus to offset the tariffs' impact. Among the top decliners, Huali Industrial Group fell 14% and Lens Technology declined 11%. GoerTek lost 10% and Midea Group was down 3.4%. Meanwhile, property stocks led the gains, with China Vanke up 1.4% and Poly Developments & Holdings 1.2% higher. The benchmark Shanghai Composite Index closed 0.2% lower at 3342.01, the Shenzhen Composite Index declined 1.1% and the ChiNext Price Index was off 1.9%. (jiahui.huang@wsj.com; @ivy_jiahuihuang)

(END) Dow Jones Newswires

April 03, 2025 03:17 ET (07:17 GMT)

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