
Trump's New Tariffs Drag Chinese Shares; HCRT Electrical Equipments Surges 191%

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Chinese shares declined as President Trump announced new tariffs on pharmaceutical products, leading to a 0.7% drop in the Shanghai Composite Index. The Shenzhen Component Index fell 1.8%. In response, China initiated an anti-dumping investigation into US and Mexican pecans. In contrast, shares of Beijing HCRT Electrical Equipments surged 191% on its debut on the Shenzhen stock exchange.

