breaking

Trump-Xi Meeting Could Provide Lift to Chinese Tech Stocks, Analysts Say

A high-level summit between U.S. President Donald Trump and Chinese President Xi Jinping this week could ease trade tensions and boost Chinese equities, particularly in the technology sector, market observers said.

Goldman Sachs expects discussions to center on trade and export controls, including tariffs, semiconductor restrictions and rare earth exports. The bank anticipates China will agree to purchase additional U.S. agriculture products, energy and aircraft to avoid further tariff escalation.

While Goldman does not forecast a comprehensive trade agreement, the meeting could serve as a near-term catalyst for strength in the Chinese yuan and equities. Dong Chen, chief Asia strategist at Pictet Wealth Management, called the summit important for Chinese technology shares after months of underperformance relative to U.S. peers. Access to advanced semiconductor technology remains critical for Chinese firms competing globally, analysts noted.