Asia: Markets lifted by growing trade optimism

He also raised the issue of unrest in Hong Kong, which has become a touchpoint after Congress passed a bill supporting the city's rights and sent it to Trump to sign into law. Progress of the bill has angered Beijing, however, and fuelled concerns it could upend the trade talks.

"It's going very well but at the same time we want to see it go well in Hong Kong," he said."I think it will. I think that President Xi can make that happen. I know him and I know he'd like to make it happen."In early trade, Hong Kong rose 0.2 per cent, with e-commerce titan Alibaba piling on more than two percent a day after its city debut that saw it rally more than six percent.

Still, while buying sentiment remains intact, investors remain concerned that the talks could collapse at the last hurdle, as they have in the past. "And they certainly won't be in the mood to be walked down that trade talk garden path only to run into another dead end."

Source: News Formal (newsformal.com)

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