Stocks in Asia were mixed on Thursday as hopes that the U.S. and China striking a deal continued, CNBC reported.
Mainland Chinese shares dropped, with the Shenzhen component slipping 2.13% to 9,464.84 and the Shenzhen composite falling 2.505% whilst the Shanghai composite slipped 0.89% to around 2,929.09.
Hong Kong’s Hang Seng index rose 0.21% as shares of Chinese technology company Tencent added 0.97%.
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Elsewhere, the Nikkei 225 in Japan rose 0.13% to close at 22,048.24 shares of index heavyweight and robot maker Fanuc jumped 2.44%.
The Topix ended its trading day 0.2% higher at 1,623.27.
The moves come after Trump said on Wednesday that Washington and Tokyo had reached an initial trade agreement.
Shares of Japanese automakers also increased with Toyota gaining 1.14% while Honda added 1.35% and Subaru surged 2.19%.
South Korea’s Kospi closed fractionally higher at 2,074.52 as chipmaker SK Hynix’s stock jumped 1.71%.
On Wednesday at the United Nations in New York, Trump said that a deal between the U.S. and China could come sooner “than you think.”