Stock markets surged Tuesday on optimism that lawmakers in Washington will hammer out a new stimulus package for the crippled American economy, while concerns about the US-China trade pact eased.In the eurozone, Frankfurt and Paris rallied 2.6 percent.
As the pandemic hustles economies around the world, the US-China stand-off has been a major headache, with the two sides butting heads on several issues that have fanned worries they could renew their damaging trade war. “No matter how the international situation changes, the most important thing is to get our own things done and to firmly deepen financial reform and opening-up,” Yi Gang told the Xinhua news agency.
The stock, which ended Friday at HK$0.09, had soared more than 2,0000 percent to HK$1.96 at its Tuesday peak, before easing back to end at HK$1.10.