HONG KONG (Nikkei Markets) -- Hong Kong shares rose on Monday, as fears of an imminent trade war eased after the U.S. and China said they will hold off on imposing import tariffs on each other.
The Hang Seng Index closed 0.6% higher at 31,234.35 after rising as high as 31,464.10 intraday. Apple suppliers AAC Technologies Holdings and Sunny Optical Technology Group rose 4.7% and 1.2%, respectively, while China Merchants Port Holdings added 3.3%. Tencent Holdings ended 0.7% lower, retreating from a 1.7% advance earlier.
