(Yicai Global) Feb. 1 -- China's stock markets opened higher this morning as investors expect the country's trade talks with the US to resolve the recent spat between the two economic giants.
The Shanghai Composite Index opened 0.51 percent higher at 2,597.78 points, while the Shenzhen Component Index fell 0.61 percent to 7,524.67. The ChiNext Price Index, which tracks growth enterprises in Shenzhen, rose 0.44 percent to 1,233.38.
China and the US concluded their latest round of trade talks in Washington yesterday.
The latest round of China-U.S. trade talks made "important progress" for the current stage, and the two sides had "candid, specific and fruitful" discussions, a statement from the Chinese delegation said on Thursday., according to state-backed Xinhua News Agency.