What was the impact of the Trump-Xi trade deal truce on the Chinese stock market?

The Trump-Xi trade deal truce led to mainland Chinese stocks closing higher on November 4th, 2025, as investors positioned defensively while booking gains in the tech sector.

How did the Hang Seng Index in Hong Kong perform on November 4th, 2025?

The Hang Seng Index in Hong Kong ended the day up 251 points, or 0.97%, at 26,158.

What was the impact of China's decision to cut gold tax exemptions on the gold jewelry sector?

China's decision to cut gold tax exemptions for some retailers led to a 7.2% tumble in the share price of gold jewelry seller Laopu Gold, indicating a potential curb in buying.

Home / Business and Economy / Mainland Stocks Climb as Tech Sector Gains After Trade Truce

Mainland Stocks Climb as Tech Sector Gains After Trade Truce

4 Nov

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Summary

Mainland stocks close higher as investors position defensively
Hong Kong's Hang Seng Index rises 0.97% to 26,158
China cuts gold tax exemptions, impacting jewelry retailers

Mainland Stocks Climb as Tech Sector Gains After Trade Truce

On November 4th, 2025, mainland Chinese stocks closed higher as investors continued to position themselves defensively while booking gains in the tech sector. This came after President Xi Jinping and his U.S. counterpart, Donald Trump, agreed to a trade deal truce the previous week.

In Hong Kong, the benchmark Hang Seng Index ended the day up 251 points, or 0.97%, at 26,158. The Hang Seng China Enterprises Index rose 0.98% to 9,258, while the Hang Seng Tech Index edged up 0.24% to 5,922.

However, the gold jewelry sector saw significant losses, with Laopu Gold tumbling 7.2% after China cut gold tax exemptions for some retailers, which may curb buying.