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China, US reached five-point consensus after meeting between Chinese Foreign Minister Wang Yi, US Secretary of State Antony Blinken

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Hong Kong stocks stage sharp rally, mainland Chinese securities brokers, property developers surged

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Chinese property developers stage strong rally amid improving market sentiment

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China’s gold consumption rose nearly 6% in Q1 driven by safe-haven demand, gold production surged 21% boosted by rising gold prices

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State-owned oil giant CNOOC hit new record high after reporting better-than-expected earnings for Q1

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Chinese securities brokerages rally on hope of more M&As, Guolian jumped up to nearly 30% on acquisition plan

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China’s capital Beijing to provide subsidies for purchases of home-made AI chips

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China’s state investor Central Huijin estimated to spend 330 bn yuan increasing ETF holdings to support stock market

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China to further open up capital markets, set up mechanism for regular China-US cooperation in audit supervision – top securities regulator

China will promote high-quality opening of the capital markets, expand the Mainland – Hong Kong Stock Connect scheme and establish a mechanism for regular cooperation on audit supervision between Chinese and US to create a more stable and more predictable environment for international regulatory cooperation, said the China Securities Regulatory Commission (CSRC).

Hong Kong stocks, A-shares closed lower on Tue, mainland property developers tumbled

The Hang Seng Index fell 1.3% to close at 19,094, the Hang Seng China Enterprises Index down 2% and the Hang Seng Tech Index tumbled by 3.1%.
In the A-share market, the Shanghai Composite Index fell 1.07% to close at 3,073, the Shenzhen Component Index sliding 1.6% and the tech-heavy Chinext Price Index down 1.5%.