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China-US Trade Outlook Elevates Asian Stock Markets
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China-US Trade Outlook Elevates Asian Stock Markets
Jun 11, 2025 3:50 AM

06:38 AM EDT, 06/11/2025 (MT Newswires) -- Asian stock markets rose on Wednesday after China and US officials in London announced a "framework" for easing trade tensions during negotiations.

Hong Kong, Shanghai, and Tokyo finished in the green, as did most other regional exchanges.

In Japan, the Nikkei 225 finished up 0.6%, while a softer yen aided export issues.

The benchmark Nikkei 225 rose 209.68 to 38,412.19, as gaining issues outnumbered losers 140 to 83.

Leading the upside was silicon wafer maker SUMCO, gaining 10.5%, while Hino Motors declined 17.9% after an announcement of a company integration with truck manufacturer Mitsubishi Fuso.

In economic news, Japan's May producer price index (PPI) rose 3.2% on the year, cooling from April's 4.1% year-on-year gain, and declining 0.2% from April on the month, the Bank of Japan reported.

In Hong Kong, the Hang Seng Index opened evenly and rose to the close, finishing up 0.8% on hopes for improved China-US trade relations.

The broad gauge Hang Seng rose 204.07 to 24,366.94, as gaining issues outnumbered losers 59 to 22. The Hang Seng TECH Index gained 1.1% on the day, while the Mainland Properties Index rose 1%.

Leading the upside was aluminum producer China Hongqiao, gaining 4.6%, while noodle maker Tingyi declined 4%.

On the mainland, the Shanghai Composite rose 0.5% to 3,402.32.

On the other regional exchanges, the S. Korean KOSPI rose 1.2%; the Taiwan TWSE advanced 1%; the Australian ASX 200 gained 0.1%; the Singapore Straits Times Index fell 0.3%, and the Thai Set rose 0.2%. In late trading in Mumbai, the Sensex was up 0.1%

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