Asia stocks jump as Trump delays auto tariffs; HK shares surge on China stimulus

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Asia stocks jump as Trump delays auto tariffs; HK shares surge on China stimulus

^{Published on 2025-03-05 22:21:10 - Investing}

Investing.com-- Most Asian stocks jumped on Thursday led by a surge in Hong Kong shares, as President Donald Trump's delay of 25% auto tariffs on Mexico and Canada eased immediate trade war fears, while optimism was further boosted by China's new stimulus measures.

The article from Investing.com discusses the positive reaction of Asian stock markets to U.S. President Donald Trump's decision to delay imposing tariffs on auto imports, which alleviated fears of a trade war escalation. This news, coupled with expectations of further economic stimulus from China, led to a significant surge in Hong Kong shares. Specifically, the Hang Seng Index saw substantial gains, driven by sectors like technology and real estate. Additionally, the broader market sentiment was buoyed by these developments, with other Asian indices like the Nikkei 225 in Japan and the Kospi in South Korea also experiencing notable increases. The delay in tariffs was seen as a move to continue negotiations with the European Union and Japan, providing a temporary relief to global trade tensions.

Read the Full Investing Article at:
[ https://uk.investing.com/news/stock-market-news/asia-stocks-jump-as-trump-delays-auto-tariffs-hk-shares-surge-on-china-stimulus-3963118 ]

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Asia stocks jump as Trump delays auto tariffs; HK shares surge on China stimulus