Asia securities Rising before the U.S.-China high-level trade talks
The Asian stock market rose during the third morning trading session when the investors waited for the high-level trade talks between the United States and China on weekends.
A new round of trade negotiations will begin on Thursday, although the latest reports indicate that China is becoming more scheduled to agree on a widespread trade agreement with the United States.
The trade tensions between the two sides have increased in recent time in the context of reports that Washington is considering the way to restrict the portfolio of American investors to China, including Chinese companies capable of Unlisted from U.S. stock exchanges.
Bloomberg reports that eight Chinese technology companies have been put on the U.S. black list on Monday in the context of allegations involving human rights violations against Muslim minority in Xinjiang province.
The markets in China rose when open after the week-long holiday period. The Shanghai Composit and Shenzhen components respectively rose 0.8% and 0.9% at 10; 30 PM ET (02:30 GMT). Although not the main element of the market flavor, the purchase management index of the Caixin/Markit service area has dropped to 51.3 in the 9th month, compared to the Aug. 52.1.
Hong Kong's Hang Seng index increased by 1.5%. Violence in the city escalated at the end of the week after the administration of the colonial emergency law to impose the ban on masked proteers.
This decision continued to cause outrage for the proteiners, who destroyed bank bases and retail stores owned by China throughout the city.
The President of the United States Donald Trump previously warned China that if this country does anything lousy to extinguish the protests in Hong Kong, trade negotiations may be affected.
The Japanese Nikkei 225 rose 1.1%. In South Korea, the KOSPI index also rose 1.1%. The index Samsung Electronics Co Ltd (KS: 005930) has increased 1.2% even after the company said profits in operation in the third quarter fell more than half a year ago.
The company said the unified turnover in three months was the 62 trillion won, which decreased by about 5.3% compared to a year ago.
To the South, Australian ASX Index 200 trades higher than 0.4%.
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