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Asian market latest: Chinese stocks higher on hopes for US trade talks



US negotiators are expected to travel to China to resume talks on a trade agreement, a person familiar with the plans told CNN. "The Shanghai Composite Index rose 1.1%." The Shanghai Composite Index rose 1.1%, with the Chinese composer Xi Jinping, the Chinese counterpart, at the G20 summit last month. Hong Kong's Hang Seng gained 0.9%, while Japan's Nikkei rose 0.5%.

Here are some of the other big moves on Asian markets at 10:30 am. in Hong Kong today.

  • Wall Street's gains provided a positive lead. SPX ) both closed 0.7% higher while the Dow Nasdaq ( COMP ) gained 0.6%
  • . NSANF ) shares rose 0.9% in Tokyo, outperforming the Japanese market, after reports that it will cut 1
    0,000 jobs.
  • The Star Market, China's new Nasdaq-style tech board, has a positive opening on its third day of trading.
  • The British pound dropped slightly against the US dollar, pulling back after rally after Boris Johnson won a party leadership election, putting him on track to be confirmed as prime minister Wednesday. BABA )