The Shanghai Composite rose 0.5% to above 3,700 on Thursday, approaching its highest level since August 2015, as upbeat signals from US-China trade talks lifted sentiment.
Investors are also betting that Beijing will roll out additional policy measures to support growth and offset the impact of higher US tariffs, while expectations for deeper US Federal Reserve rate cuts this year boosted global risk appetite.
Attention now turns to upcoming meetings between US and Chinese trade negotiators in the next two to three months to shape the future of their economic ties.
Technology shares led the rally, with notable gains in Cambricon Technologies (+7.9%), Hygon Information (+11.5%), China Greatwall (+3.9%), Dawning Information (+8.5%), and Beijing Teamsun (+10%).
