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News of the proposed U.S.-China negotiations lifts Chinese stocks listed in Hong Kong and in the mainland
Most Asian stock markets were higher Thursday, with Hong Kong’s Hang Seng Index gaining 2.5%, its biggest single-day rally in more than two years, while Japan’s Nikkei Stock Average rose 1%. South Korea’s Kospi edged up 0.1%.
Thursday’s Big Theme
Chinese stocks listed in Hong Kong and in the mainland rose on signs of a de-escalation in trade tensions between the U.S. and China.