Asian Markets Respond Positively to US-China Trade Talks

Investors across the Asia-Pacific region welcomed the news of progress in US-China trade negotiations, with major stock exchanges recording gains on Monday. The optimism stems from the latest round of talks held over the weekend, which have seemingly eased some of the trade tensions between the two economic giants.

Market Highlights Across the Region

In mainland China, the Shanghai Composite saw an increase of 0.44%, while the Shenzhen Composite surged by 1.13%. Not to be outdone, Hong Kong's Hang Seng jumped 1.06%, and South Korea's Kospi Composite advanced by 0.69%.

Meanwhile, Australia's S&P/ASX 200 and Japan's Nikkei 225 also enjoyed positive movements, rising by 0.15% and 0.28% respectively. The dollar also saw a slight increase against the yen, trading 0.45% higher.