China stocks tread water as investors await clarity on trade, rate cut

China’s benchmark Shanghai
Composite index was little changed in a relatively dull trade on
Wednesday as investors continued to digest this week’s economic
data and awaited further clarity on Sino-U.S. trade negotiations
and policy easing.
** At the midday break, the Shanghai Composite index was
down 0.05% at 2,936.04 points. Volumes were relatively light,
with about 8.46 billion shares trading so far on the Shanghai
exchange, roughly 43.3% of the market’s 30-day mo