{"id":17391,"date":"2025-02-28T03:02:34","date_gmt":"2025-02-28T03:02:34","guid":{"rendered":"https:\/\/www.vtmarkets.com\/?p=17391"},"modified":"2025-02-28T03:02:34","modified_gmt":"2025-02-28T03:02:34","slug":"sse-extends-decline-as-tariff-uncertainty-weighs","status":"publish","type":"post","link":"https:\/\/www.vtmarkets.com\/en-ca\/analysis\/sse-extends-decline-as-tariff-uncertainty-weighs\/","title":{"rendered":"SSE Extends Decline as Tariff Uncertainty Weighs"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"559\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/download-11-1024x559.png\" alt=\"\" class=\"wp-image-17393\" \/><\/figure>\n\n\n\n<p><strong>Key Points:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>SSE dropped 1.49%<\/strong> to close at <strong>1,487.50<\/strong>, extending losses amid trade tensions.<\/li>\n\n\n\n<li><strong>Trump&#8217;s tariffs on China, Mexico, and Canada<\/strong> heightened market uncertainty.<\/li>\n\n\n\n<li><strong>Technology and AI-related stocks<\/strong> led the declines, mirroring a broader risk-off sentiment as traders brace for <strong>China\u2019s Two Sessions<\/strong> next week, seeking clarity on fiscal policy.<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity is-style-dots\" \/>\n\n\n\n<p>The <strong>SSE (Shanghai Stock Exchange)<\/strong> extended its decline on Wednesday, closing <strong>1.49% lower at 1,487.50<\/strong>, as escalating trade tensions and global economic uncertainty weighed on sentiment. The index, which touched an intraday high of <strong>1,515.00<\/strong>, saw intensified selling pressure toward the session&#8217;s close, slipping to its lowest level of <strong>1,487.50<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Technical Analysis<\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"446\" src=\"https:\/\/www.vtmarkets.com\/en-ca\/wp-content\/uploads\/sites\/13\/2026\/03\/2-3-1024x446.jpg\" alt=\"\" class=\"wp-image-17394\" \/><\/figure>\n\n\n\n<p class=\"has-text-align-center\"><em>Image: SSE slides to 1487.50, testing key support near 1472.00, as seen on the\u00a0<a href=\"https:\/\/vtmarketsapp.onelink.me\/CD7D\/240525WA\">VT Markets app<\/a>.<\/em><\/p>\n\n\n\n<p>SSE declined <strong>1.49%<\/strong>, closing at <strong>1487.50<\/strong> after opening at <strong>1510.00<\/strong>. The session recorded a high of <strong>1515.00<\/strong> and a low of <strong>1487.50<\/strong>, reflecting extended bearish pressure.<\/p>\n\n\n\n<p>The moving averages (MA 5,10,30) indicate continued downside momentum, with shorter-term MAs below the long-term trend. The MACD (12,26,9) remains negative, with red histogram bars growing, reinforcing selling pressure.<\/p>\n\n\n\n<p>Key levels to watch include <strong>1472.00<\/strong> as support and <strong>1532.00<\/strong> as resistance. A move below support may deepen losses, while a break above resistance could shift sentiment.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Trump Tariffs Add to Market Jitters<\/h2>\n\n\n\n<p>Trader sentiment remained weak following U.S. President Donald Trump\u2019s confirmation of <a href=\"https:\/\/www.msn.com\/en-us\/money\/companies\/trump-says-25-tariffs-on-canada-mexico-will-start-tuesday-doubles-fees-on-china\/ar-AA1zUZiz?ocid=BingNewsSerp\" title=\"\">25% tariffs<\/a> on Canadian and Mexican goods, set to take effect on March 4. He also vowed to impose an <strong>additional 10% tariff on Chinese goods<\/strong> on top of the 10% he levied earlier. <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">US President Donald Trump vowed to impose another 10% tariff on Chinese goods on top of the 10% tariff he levied earlier, adding that his proposed 25% tariffs on Mexican and Canadian goods will take effect March 4 over the fentanyl opioid crisis <a href=\"https:\/\/t.co\/3dG99y0s3K\">https:\/\/t.co\/3dG99y0s3K<\/a> <a href=\"https:\/\/t.co\/6e2SgJhVde\">pic.twitter.com\/6e2SgJhVde<\/a><\/p>&mdash; Reuters (@Reuters) <a href=\"https:\/\/twitter.com\/Reuters\/status\/1895300390167408958?ref_src=twsrc%5Etfw\">February 28, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The uncertainty surrounding <strong>China\u2019s response to these trade measures<\/strong> has fueled volatility, pressuring equity markets across the region.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Tech Stocks Lead Declines Ahead of Two Sessions<\/h2>\n\n\n\n<p>The technology sector was among the worst performers, with <strong>AI and semiconductor stocks<\/strong> posting steep losses. <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">DeepSeek\u2019s success is intensifying pressure on China\u2019s quantitative hedge funds to embrace artificial intelligence or risk becoming obsolete, according to one of the most aggressive users of AI in the industry <a href=\"https:\/\/t.co\/zndulUN0PW\">https:\/\/t.co\/zndulUN0PW<\/a><\/p>&mdash; Bloomberg (@business) <a href=\"https:\/\/twitter.com\/business\/status\/1894859418556088668?ref_src=twsrc%5Etfw\">February 26, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Market participants are now looking ahead to <strong><a href=\"https:\/\/www.msn.com\/en-us\/money\/markets\/look-to-two-sessions-for-signals-from-beijing\/ar-AA1zSY94?ocid=BingNewsSerp\" title=\"\">China\u2019s annual Two Sessions meeting<\/a><\/strong> next week, where the government is expected to outline fiscal policies and economic stimulus measures to stabilize growth.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\">Market Outlook<\/h2>\n\n\n\n<p>The SSE remains under pressure, with <strong>1,480 serving as key support<\/strong>. A break below this level could trigger further downside momentum. However, traders will closely monitor China\u2019s upcoming policy announcements for any signs of economic stimulus, which could provide a short-term boost.<\/p>\n\n\n\n<p><strong><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now.<\/strong><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.vtmarkets.com\/#facebook\" rel=\"noreferrer noopener\" target=\"_blank\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SSE falls 1.49% to 1,487.50 as Trump\u2019s tariffs fuel trade fears; tech stocks lead losses ahead of China\u2019s Two Sessions policy meeting. &#8211; vtmarkets.com<\/p>\n","protected":false},"author":66,"featured_media":17393,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[31],"tags":[71,11],"class_list":["post-17391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","tag-china","tag-indices"],"acf":{"acf_article_selection_author":null},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/17391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/comments?post=17391"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/posts\/17391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media\/17393"}],"wp:attachment":[{"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/media?parent=17391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/categories?post=17391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarkets.com\/en-ca\/wp-json\/wp\/v2\/tags?post=17391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}