Hong Kong markey up after Trump and Xi agree "ceasefire"

151 views · Published 8 December 2018 · 2:15 · Indexed 4 November 2026

Channel: AP Archive · 2018 · News & Politics

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(3 Dec 2018) Hong Kong stocks were trading higher on Monday as investors welcomed the progress that was made over the weekend in US-China trade tensions.
The benchmark Hang Seng Index opened up more than two percent. 
At midday, it reached  27271, up by 710 points. 
President Donald Trump agreed on Saturday in a meeting with Chinese Leader Xi Jinping at the G-20 summit to hold off raising tariffs on 200 billion US dollars in Chinese goods for 90 days while the two sides try to settle their differences.

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