Slowing Sino-US Trade Relations Help Asian Stocks Rise

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      Asian stock markets rose on Thursday amid signs of easing trade tensions between China and the United States and expectations that China will soon step up its efforts to support the economy.
After a mild start, the MSCI Mingsheng Asia-Pacific (excluding Japan) index had risen by more than 1% by noon, continuing its early rally. British Prime Minister Teresa May passed the no-confidence vote, helping the stock market to rise early in the day.
The gains were mainly concentrated in China's stock market, with the Shanghai and Shenzhen 300 index. CSI300 up 1.9% and the Hong Kong Hang Seng index. HSI up 1.4%.
Japan's Nikkei index. N225 rose 1% and Australia's stock market rose 0.4%.
U.S. stock index futures rose 0.5%, indicating that U.S. stocks will open higher later.
This week's news shows that Sino-US trade disputes have eased and market pessimism has slowly weakened.
Several Chinese state-owned companies bought more than 1.5 million tons of U.S. soybeans for the first time in more than six months, Reuters reported on Wednesday.


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