A woman walks past a panel displaying stock indices of Hong Kong, US and China markets. — Reuters pic
All three main indexes on Wall Street ended in negative territory following the reading, having hit new highs, with profit-taking also playing a role. Taipei rose 0.7 per cent after Tsai Ing-wen won a landslide victory at the weekend and was returned as the island’s president for a second term, with investors cheering the removal of uncertainty caused by the election.
While there are not expected to be any major announcements at the signing, investors will be looking for signs of progress on the next part of negotiations for a wider agreement.
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