Chinese Markets Rebound Slightly Amidst Trade Uncertainties

Chinese and Hong Kong markets experienced a modest recovery on Monday, with notable performances in defense and banking stocks following last week's steep declines.

By midday, the Shanghai Composite index had increased by 0.2% to 3,567.02 points, overcoming losses incurred at the opening, while the blue-chip CSI300 remained unchanged.

Meanwhile, in Hong Kong, the Hang Seng Index rose by 0.5% to 24,627.25. However, the market sentiment remains volatile amidst U.S.-China trade negotiations, with investors closely monitoring upcoming trade data and CPI readings later this week.

(With inputs from agencies.)