Stocks surged in Hong Kong on Thursday after US President Donald Trump announced a 90-day pause on the harshest tariffs against US trading partners, while Shanghai also advanced even as he ramped up levies on China.
The Hang Seng Index climbed 2.69 percent, or 545 points, to 20,810, while the Shanghai Composite Index jumped 1.29 percent, or 41 points, to 3,227.
Asian shares elsewhere also surged in early Thursday trading. Japan’s benchmark Nikkei 225 jumped 8.8 percent in morning trading, Australia’s S&P/ASX 200 soared 5.1 percent, while South Korea’s Kospi gained 5.2 percent. (Agencies)
Local stocks surge after Trump tariff reversal
2025-04-10 HKT 09:38
