Stocks in the Hong Kong market are reacting differently | Shipping stocks soared significantly in the close as optimistic news about Sino-US trade was reported, and the shipping line to Europe briefly touched the daily limit.

According to the Smart Finance APP, shipping stocks surged significantly in the last trading session. As of press time, COSCO Shipping Holdings (01919.HK) rose by 9.32% to 13.6 Hong Kong dollars; Orient Overseas International (00316.HK) rose by 5.22% to 121 Hong Kong dollars; COSCO Shipping Development (02866.HK) rose by 5.04% to 120.8 Hong Kong dollars; Pacific Basin Shipping (02343) rose by 2.87% to 1.79 Hong Kong dollars.