The gains in the Shanghai Composite Index on Friday were led by liquor distillers, technology and insurance stocks. Photo: EPA-EFE

China stocks rise most in six weeks as traders hold on to hopes of trade deal after Trump softens hawkish tone

  • US President Donald Trump tells reporters that a deal was still “possible” and had received a “beautiful letter” from his Chinese counterpart Xi Jinping
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The gains in the Shanghai Composite Index on Friday were led by liquor distillers, technology and insurance stocks. Photo: EPA-EFE
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