China Markets Reopen May 6 2026: Trump-Xi Trade Summit Approaches as Tariff Truce Holds — Barely

# China Markets Reopen May 6 2026: Trump-Xi Trade Summit Approaches as Tariff Truce Holds — Barely

> **Quick answer:** China's mainland stock exchanges reopened on May 6, 2026, after a five-day Labour Day holiday, with the Shanghai Composite entering around 4,112 points following a strong 5.66% April rally. The market reopening arrives exactly eight days before President Trump is scheduled to meet President Xi Jinping in Beijing on May 14-15 — the highest-stakes US-China summit in eight years. A blended tariff rate of roughly 33% on Chinese goods remains in effect under a truce extended through November 2026, but "Liberation Day" tariffs exceeding 100% still apply to a narrow set of goods, and both sides are sparring behind the scenes.

China's mainland stock markets came back online Wednesday morning after a five-day blackout — and the timing could not be more loaded. Chinese markets reopen May 6, 2026 with the Trump-Xi trade summit in Beijing just eight calendar days away, and investors are effectively pricing in both a $600 billion trade relationship and the geopolitical temperature of the moment simultaneously. Here is what you need to know about the open, what drove the numbers, and why the next two weeks may define the global trade landscape for the rest of 2026.

## What Happened at the Reopen: Shanghai and Shenzhen Return After Five Days Dark

The Shanghai Stock Exchange and Shenzhen Stock Exchange were closed from May 1 through May 5 for China's Labour Day Golden Week holiday. Hong Kong's Hang Seng resumed trading on May 4 after a shorter closure. Mainland markets reopened Wednesday, May 6.

Going into the break, the setup was constructive. The Shanghai Composite closed April 30 at approximately 4,112 points — near its highest level since March 2026. Over the full month of April, the Shanghai Composite climbed 5.66% while the Shenzhen Component surged 12.09%, both driven by stronger-than-expected PMI readings and continued policy support for technology and AI infrastructure sectors. The CSI 300 index, which tracks the largest 300 stocks on both exchanges, closed April up 0.80% in the final session and was sitting on a year-to-date gain of roughly 2.26%.