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Asian shares rose slightly on Monday after earlier losses were reversed by hopes of progress in resolving the trade war, with more investment expected to flow into Hong Kong.
MSCI Mingsheng Asia Pacific Index (excluding Japan) rose 0.19%, China's CSI300 rose 0.13%, and Japan's Nikkei index. N225 rose 0.28%.
The pound fell from five month highs against the dollar and the euro after parliament forced Prime Minister Johnson to seek to postpone the October 31 exit.
Some had been optimistic that the brexit agreement reached last week would ensure that the UK would be able to leave the EU without affecting the economy, but the results hit that expectation.
Oil futures prices fell as continued concerns about economic growth and an oversupply of crude oil prompted speculators to reduce their long positions.
Liu He, vice premier of the State Council of China, said that the global growth of China US economic and trade cooperation and the peace, stability and prosperity of the world are closely related to each other. China is willing to work with the US side to properly address each other's core concerns on the basis of equality and mutual respect, strive to create a good environment and achieve the common goals of both sides.
The Shanghai and Shenzhen stock exchanges announced the newly revised Measures for the implementation of the business of the Shanghai Shenzhen Hong Kong stock connect on Friday night, clarifying the conditions for the first incorporation of shares of companies with different voting rights. The news also boosted Hong Kong stocks.
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