Hang Seng Index rises as Xiaomi, AAC Tech soar on new 5G phone

It promises to be another day of muted activity in the Hong Kong and mainland China equity markets, as eyes once again turn to US-China trade negotiations. Sunday, December 15, is the key date, and it seems more likely that Washington will hold back from imposing extra tariffs on another US$160 billion of Chinese goods. 
Closer to home, media reports about a Chinese city relaxing some of its property pricing curbs are also likely to draw some interest, as the industry – critical to China’s economic growth – has gone through an extended period of slow growth amid efforts by Beijing to rein in prices.

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– Yujing Liu and Azar Zaidi in Hong Kong

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