Mainland China’s key indices opened on a mixed note on June 12, reflecting a cautious global mood amid geopolitical tensions and fresh trade remarks from the U.S.
The SSE Composite Index was nearly flat, trading at 3,403.69, up just 0.04%, while the Shenzhen Component Index inched higher to 10,250.72, up 0.05%. The SZSE Composite Index gained 0.15% to reach 2,027.54.
The broader CSI 1000 Index outperformed other benchmarks, rising 0.22% to 6,200.37, suggesting a marginal preference for small-cap stocks in early trade.
The subdued market action comes as investors weigh the potential fallout from former U.S. President Donald Trump’s comments on new tariffs and ongoing tensions in the Middle East, both of which are contributing to risk-off sentiment globally.
Despite the steady opening, market participants remain watchful for any policy cues from Beijing or unexpected global triggers that could influence short-term sentiment.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should consult certified financial advisors before making any investment decisions.