Hong Kong, China stocks rise after China-US agreement

Hong Kong: Hong Kong and mainland stocks kicked the week off with healthy gains on Monday after the United States and China agreed to drop planned tariffs and pull back from the brink of a trade war.

The Hang Seng Index rose 0.60 percent, or 186.44 points, to 31,234.35.

The benchmark Shanghai Composite Index jumped 0.64 percent, or 20.54 points, to 3213.84 and the Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 1.05 percent, or 19.27 points, to 1848.06.