CHINA'S TOP DIPLOMAT WANG YI MET WITH A DELEGATION LED BY STEVE DAINES, A US REPUBLICAN SENATOR OF MONTANA, ON THURSDAY IN BEIJING – XINHUA

China's top diplomat, Wang Yi, held discussions with a delegation led by U.S. Republican Senator Steve Daines in Beijing, signaling ongoing diplomatic engagement between the two nations. This meeting may influence market sentiment through the channel of risk appetite, as improved U.S.-China relations could ease tensions and foster a more stable trading environment. Chinese equities, particularly those in sectors reliant on U.S. trade, are most exposed to shifts in sentiment stemming from these diplomatic interactions. Traders will be closely watching for any subsequent statements or agreements that may arise from this meeting, particularly regarding trade policies or economic cooperation initiatives.

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