# TWAY HOLDINGS | S.Korean stocks, won rise on signs of progress in U.S.-China trade talks

> South Korean shares and the won rose on Tuesday as signs of progress toward an interim US-China trade deal lifted risk appetite. China's commerce ministry confirmed a phone call between Vice Premier Liu He, USTR Lighthizer and Treasury Secretary Mnuchin on a phase one agreement, and China announced tougher penalties for intellectual property violations.

- Date: 2019-11-26 · published 2019-11-26T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/56301-tway-holdings-s-korean-stocks-won-rise-on-signs-of-progress-in-u-s-china-trade
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Progress in US-China trade talks supports expectations of resumed agricultural purchases and firmer trade flows, which is supportive for US soybean and grain demand; the won strength lowers Korean import costs.

## Read by commodity

- SOY: bullish ▲
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-08-14 | [Soybean prices rise on U.S.-China trade hopes \| Financial Post](https://feedsoft.ai/events/11472-soybean-prices-rise-on-u-s-china-trade-hopes-financial-post.md) | -1.9% | -2.1% |
| SOY | 2019-10-22 | [Rupee rises to 2-week high on US-China trade talks hopes](https://feedsoft.ai/events/56845-rupee-rises-to-2-week-high-on-us-china-trade-talks-hopes.md) | -1.3% | -2.5% |
| SOY | 2025-10-01 | [Trump’s Signal on China Trade Talks Lifts Soybean Prices - Bloomberg](https://feedsoft.ai/events/22453-trump-s-signal-on-china-trade-talks-lifts-soybean-prices-bloomberg.md) | +2.0% | +7.6% |
| SOY | 2019-10-11 | [Day 1 of U.S.-China trade talks ends with hopes for limited deal](https://feedsoft.ai/events/56618-day-1-of-u-s-china-trade-talks-ends-with-hopes-for-limited-deal.md) | +0.9% | +0.2% |
| SOY | 2019-02-28 | [US-China trade talks continue to progress \| 2019-02-28  \| MEAT+POULTRY](https://feedsoft.ai/events/60585-us-china-trade-talks-continue-to-progress-2019-02-28-meat-poultry.md) | -1.5% | -1.8% |

## Sources

- stockopedia.com: https://www.stockopedia.com/share-prices/tway-holdings-KRX:004870/news/s-korean-stocks-won-rise-on-signs-of-progress-in-u-s-china-trade-talks-019e6bdf-7b39-7b63-91cf-8671cd6633b0/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.