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Home / Business / The trade war developments between the US and China give investors mixed feelings – the Asian market is up-to-date

The trade war developments between the US and China give investors mixed feelings – the Asian market is up-to-date



Major Asian market indices were mixed on the early trading day after CNBC reported that sentiment in Beijing was pessimistic. The news organization, citing an anonymous source of government, said President Donald Trump's reluctance to retract tariffs dampened China's prospects for trade talks. fell by 0.3%, while the Kospi Index of South Korea ( KOSPI ) fell by 0.5%. China's Shanghai Composite ( SHCOMP ) collapsed by 0.2%, but recovered from these losses and rose 0.4% last.
Hong Kong's Hang Seng Index ( HSI ) began in red, but was recently down 1
%. Hong Kong stocks tried to curb losses again after last week, when the index had its worst performance since early August. The United States reboots Huawei "class =" media__image "src =" http://cdn.cnn.com/cnnnext/dam/assets/191118122117-huawei-0108-large-169.jpg "/> [19659006] "With no material data released in Asia today, attention in the region will continue to be focused on trade interests and Hong Kong," said Jeffrey Halley, a market analyst at study Oanda, in a note. "Both are likely to win market participants' confidence not bullish. "

US stock futures were recently trading slightly positive during Asian trading hours, following a modest loss previously reported.
A breakthrough in the US-China trade agreement has been around for some time Trump and Chinese leader Xi Jinping are expected to sign some of the trade agreement for about a month, but these negotiations have another catch last week met.
The US government extended a temporary general license on Monday that allows American companies to sell to Huawei, the contested Chinese technology company that has become a symbol of tensions between the two countries. It is the third 90-day extension of the license, which expires in February.

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