Wall Street Divided on Impact of Trump-Xi Meeting on Chinese Stocks

Reported about 9 hours ago

Analysts on Wall Street are split about the potential effects of an upcoming meeting between Donald Trump and Xi Jinping on China's struggling stock market. While some firms like Bank of America and Goldman Sachs remain optimistic, suggesting the meeting could spur a recovery in Chinese stocks, others such as Morgan Stanley caution against investing until trade tensions show signs of resolution. As Chinese equities have recently declined, the key question remains whether this presents a buying opportunity or signifies deeper issues ahead.

Source: YAHOO

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