Shares in China surged on Friday as trade negotiations between the U.S. and China resumed in Beijing this week.
div > div.group > p:first-child"> By the market close, the Shanghai composite had jumped 3.2 percent to 3,090.76, while the Shenzhen component surged 3.77 percent to 9,906.86. The Shenzhen composite also added 3.38 percent to 1,695.14.
Chinese markets have been on a tear in 2019 since their slump in 2018. The Shanghai composite has jumped almost 24 percent since the end of 2018, while the Shenzhen component has soared about 36.8 percent in the same period. Global index provider MSCI also announced in February that it would quadruple the weighting of China A-shares in its global benchmarks later this year, potentially drawing tens of billions of fresh foreign inflows to the world's second-largest economy.
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