Asian markets mostly rise after Trump suggests trade talks are in 'final throes'

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Asian markets mostly rise after Trump suggests trade talks are in 'final throes'
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Asian markets mostly rose after President Trump suggested a trade deal with China is in the final stages

Hong Kong Asian markets mostly rose after US President Donald Trump suggested a trade deal with China is in the final stages.

Japan's Nikkei 225 rose 0.4% on Wednesday. South Korea's Kospi index also gained 0.3%. Hong Kong's benchmark Hang Seng Index added 0.1%. China's Shanghai Composite dropped as much as 0.5% in early trading, though recouped most of those losses. Government data released Wednesday showed that China's industrial profits declined 9.9% in October from a year earlier. That loss accelerated from a 5.3% drop in September.

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