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China shares, yuan soar as Trump delays tariffs; Hong Kong lags

Updated : February 25, 2019 02:27 PM IST

China's Shanghai Composite index surged 5.6 percent to end the day at 2,961.28 points, its highest close since June 15, 2018, and the strongest daily percentage gain since July 9, 2015.
The blue-chip CSI300 index also posted its biggest one-day rise since July 9, 2015, ending 5.9 percent higher at 3,729.48 points, the highest closing level since June 15.
News last week that China and the United States were achieving progress in high-level trade talks pushed the CSI300 to its best week in more than three years as investors bet that the two countries would reach a deal before the original March 1 deadline.
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