Hong Kong stocks surge over 3pc as China-US tariff truce lifts sentiment

WorldBusiness & Finance
12 May 2025 • 3:38 PM MYT
Malay Mail
Malay Mail

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HONG KONG, May 12 — Hong Kong stocks jumped more than three per cent Monday after China and the United States announced a suspension of their stiff tariffs in a bid to ease trade tensions between the economic superpowers.

The Hang Seng Index surged 3.34 per cent, or 762.94 points, to 23,630.68. — AFP

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