Hong Kong and Chinese stocks jumped at the midday break today just as the US and China announced that they will implement the phase one trade deal. Geely Automobile (0175) added 3.96 percent at HK$13.12, followed by Swire Pacific (0019) which climbed by 3.19 percent to HK$50.20. Mainland food processor WH Group (0288) dipped by 0.7 percent to HK$7.11, becoming the biggest blue-chip percentage loser. In mainland China, the Shanghai Stock Exchange Composite Index climbed by 0.91 percent at 2,897.74. The Shenzhen Stock Exchange Composite Index added 1.21 percent at 1,809.84.

Source: The Standard May 08, 2020 04:14 UTC