Asian stock price rise December 13th 19:16 from the expected postponement of US tariffs on Chinese products
On the 13th Asian stock market, the United States reached a first-stage principle agreement in trade negotiations with China, and buying orders expanded from the expectation that postponement of tariff surcharge measures for Chinese products would be postponed, Stock prices have risen in local markets.
In the stock market in Shanghai, China, the closing price of the “comprehensive index”, a representative stock index, rose approximately 1.7% compared to the 12th.
In other Asian stock markets, the closing price of a typical stock price index was about 2.5% in Hong Kong compared to 12th, about 1.5% in South Korea, about 0.7% in Taiwan, and about 0.7% in Singapore. All trades rose to 0.6%, and the transaction on the 13th ended.
A market official said, “Buying orders have expanded with the expectation that tariffs on Chinese products, which the US and China have reached an agreement on, and are approaching on the 15th, will be avoided over trade negotiations. It was also a relief for investors that the ruling and conservative parties won a majority of the seats in the general election and that they were perceived to have seen a way out of the EU. ”