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[Shanghai Composite Index Flat in Morning Trading, Global Market Sentiment Diverges] 1. Amidst continued concerns about Sino-US trade relations, China's Shanghai Composite Index opened relatively flat on Wednesday morning. The latest round of trade talks between the two countries has yet to yield significant progress. The Shanghai Composite Index opened at 3,608.35 points, nearly flat, indicating market caution amidst the uncertainty surrounding the outcome of the talks. The CSI 300 Index fell slightly by 0.1%, reflecting a slight weakening of investor confidence in blue-chip stocks. Trading volume was generally light as investors awaited further news from the Sino-US trade talks to gauge the impact of future policy developments on A-shares. 2. Xinhua News Agency reported that during the latest round of trade talks in Sweden, China and the United States held candid and in-depth discussions on bilateral trade relations, macroeconomic policies, and other issues. The discussions were described as "constructive." According to the consensus reached during the talks, both sides agreed to continue pushing for a 90-day extension of the previously suspended 24% US reciprocal tariffs and China's countermeasures. 3. The International Monetary Fund (IMF) raised its forecast for China's economic growth on Tuesday, raising its 2025 growth forecast by 0.8 percentage points, reflecting China's better-than-expected economic performance in the first half of the year and the tariff reduction effect brought about by the temporary truce in the Sino-US trade war. China's economic growth forecast for 2026 was also raised by 0.2 percentage points to 4.2%. 4. However, global market sentiment diverged: US stocks closed lower on Tuesday, indicating that investors are still concerned about economic and trade uncertainties; while European stocks closed higher, boosted by expectations of regional economic recovery.