ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Nikkei Markets

Hong Kong shares rise as Sino-American trade tensions ease

Hang Seng Index trims intraday gains as heavyweight Tencent retreats

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.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more