Hong Kong shares ended on Thursday on a positive note, recovering from three days of selling thanks to bargain-buying, but uncertainty over the China-US trade talks is keeping investors on edge.

The Hang Seng Index rose 0.3 percent, to 25,703.

On the mainland, the Shanghai Composite Index lost 0.1 percent, to 2,890 while the Shenzhen Composite Index slipped 0.2 percent, to 1,591.

Tokyo ended down 0.1 percent. Seoul and Wellington each lost 0.4 percent, while Mumbai shed more than 1 percent. However, Sydney, Singapore, Taipei and Manila bounced into positive territory.

Investors remain on edge over China-US trade talks and after a closely watched recession indicator hit a level not seen since just before the financial crisis.

“At each round of escalation in the US-China trade war, whether that is new retaliatory tariffs or new sanctions proposals [like cutting Chinese firms off from the US financial system], investors are growing more and more uncertain,” said Hannah Anderson, global market strategist at JP Morgan Asset Management.

“There does not appear to be an off ramp to this path of continued escalation.”

The pound remained under pressure after British Prime Minister Boris Johnson forced an extended suspension of parliament, heightening the prospect of a no-deal Brexit and leading to speculation of a snap no-confidence vote.

The yuan was also under pressure, wallowing at 11-year lows, despite the central People’s Bank of China setting its rate at a higher level. The unit moved within a small range either side of a point set by the bank each day. (AFP)