Hong Kong’s Paul Chan predicts positive market response to Xi-Trump summit

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Hong Kong’s Financial Secretary Paul Chan predicted a positive market response following the Xi-Trump summit. The easing of geopolitical uncertainties between China and the US is expected to boost investor confidence.

Hong Kong’s finance chief has predicted a positive market response to the Xi-Trump summit, saying the mitigation of geopolitical uncertainties will bolster investor confidence. Financial Secretary Paul Chan Mo-po made his prediction on a radio programme on Saturday, a day after Chinese President Xi Jinping wrapped up a three-day visit to Washington to meet with US counterpart Donald Trump, with promises of more talks despite limited deliverables. “I believe the market will have a positive...