Kweichow Moutai, maker of a popular baijiu, tumbled by 4.8 per cent today. In July, it became the first Chinese stock to trade above 1,000 yuan a share. Photo: Simon Song
Kweichow Moutai, maker of a popular baijiu, tumbled by 4.8 per cent today. In July, it became the first Chinese stock to trade above 1,000 yuan a share. Photo: Simon Song

Hang Seng Index rises to highest level in six weeks as trade war angst eases

  • China customs agency exempts tariff on 16 products from first round of additional tariffs on US imports
  • In China, consumer stables drop as trade war fears lessen

Kweichow Moutai, maker of a popular baijiu, tumbled by 4.8 per cent today. In July, it became the first Chinese stock to trade above 1,000 yuan a share. Photo: Simon Song
Kweichow Moutai, maker of a popular baijiu, tumbled by 4.8 per cent today. In July, it became the first Chinese stock to trade above 1,000 yuan a share. Photo: Simon Song
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