Hong Kong (CNN business) Asian stocks moved higher on Monday, boosted by a bit of trade optimism.

Markets in Asia were following last Friday's Wall Street gains, as investors appear confident the so-called " phase one " US-China trade agreement is going to happen. The US Trade Representative's office said on Friday that the two sides could be close to finalizing parts of a trade deal.

Hang Seng Index HSI Shanghai Composite SHCOMP Kospi KOSPI Nikkei 225 N225 Hong Kong'srose 1.2% Monday morning, while China'sadvanced 0.7%, building on earlier gains. South Korea'sedged up 0.4% while Japan'sincreased 0.3%.

The positive trade sentiment comes as WH Group, the world's largest pork producer, is set to report earnings in Hong Kong on Monday.

China's pork industry has been decimated by African swine fever , and the crisis may be influencing how China approaches trade tensions with the United States. Before the trade war began, China was one of the biggest markets for US agricultural exports, and pork was a huge part of that relationship. Shares in WH Group were flat at the open, though moved higher to 0.4% just before noon in Hong Kong.

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