Hong Kong shares surged at the opening of trading on Wednesday as Donald Trump’s decision to delay threatened tariffs on China and remove some goods lifted hopes for a breakthrough in the China-US trade row.

The Hang Seng Index jumped 1.70 percent, or 429.80 points, to 25,711.10 at the open, a day after tumbling as protests that have jolted the city for more than two months fuelled uncertainty.

And the benchmark Shanghai Composite Index climbed 0.97 percent, or 27.23 points, to 2,824.49, while the Shenzhen Composite Index, which tracks stocks on China’s second exchange, rose 1.30 percent, or 19.46 points, to 1,518.09. (AFP)