• Hong Kong shares jump after Trump tweets on China's ZTE

    7 days ago - By Chron

    HONG KONG - Asian shares were mostly higher Monday, with Hong Kong shares surging after President Donald Trump said he wanted to help a sanctioned Chinese tech giant, signaling a possible improvement in U.S.-China relations.
    KEEPING SCORE: Japan's benchmark Nikkei 225 rose 0.5 percent to 22,873.61 while South Korea's Kospi dipped 0.1 percent to 2,475.47. Hong Kong's Hang Seng jumped 1.1 percent to 31,463.63 and the Shanghai Composite in mainland China added 0.2 percent to 3,168.845. Australia's S&P/ASX 200 climbed 0.3 percent to 6,129.00. Taiwan shares rose but Southeast Asian indexes were...
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  • JPMorgan submits application for majority-owned China securities business

    7 days ago - By Reuters

    HONG KONG - JPMorgan Chase & Co said on Monday it had submitted an application to the Chinese securities regulator for setting up a new onshore securities business in which the U.S. bank would own a 51 percent stake.
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  • Hong Kong shares jump after Trump tweets on China's ZTE

    8 days ago - By Chron

    HONG KONG - Asian shares were mostly higher Monday, with Hong Kong shares surging after President Donald Trump said he wanted to help a sanctioned Chinese tech giant, signaling a possible improvement in U.S.-China relations.
    KEEPING SCORE: Japan's benchmark Nikkei 225 rose 0.2 percent to 22,802.49 while South Korea's Kospi dipped 0.1 percent to 2,476.33. Hong Kong's Hang Seng jumped 1.4 percent to 31,559.37 and the Shanghai Composite in mainland China added 0.4 percent to 3,175.56. Australia's S&P/ASX 200 edged 0.2 percent higher to 6,129.00. Taiwan shares rose but Southeast Asian indexes...
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