ab 30 October 2025 Global Research China Equity Strategy Better than expected trade talk outcomes... fuel for further optimism HSTECH due for a catch-up We show the share-price performance of various sectors during the previous rebound from the Apr trough (8 Apr to 9 May) and recent selloff (since 9 Oct) in Figure 3. Sectors that had rebounded the most post the 'Liberation Day' trough and have underperformed the most since the 100% tariff news hit are likely to see the most potential share-price recovery. T ...