Money - International
Shanghai stocks up as Trump, Xi kickstart trade talks
Monday, 01 Jul 2019 3:59 PM MYT
SHANGHAI, July 1 — Stocks surged in China today as investors welcomed an agreement between Donald Trump and Xi Jinping to resume trade talks.
The benchmark Shanghai Composite Index rallied 2.22 per cent, or 66.02 points, to 3,044.90, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, jumped 3.46 per cent, or 54.13 points, to 1,616.55.
Hong Kong was closed for a public holiday. — AFP
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