Hong Kong Financial Secretary Paul Chan Mo-po expressed optimism regarding the local and global financial markets following the conclusion of a three-day summit between Chinese President Xi Jinping and U.S. President Donald Trump in Washington. Speaking on a radio program on Saturday, Chan argued that the meeting serves to mitigate geopolitical tensions, which he believes will bolster investor confidence in the near term.

The summit concluded with both leaders committing to continued dialogue, though the meeting resulted in few concrete policy deliverables. Despite the lack of specific agreements, Chan emphasized that the mere act of communication between the two world leaders is a stabilizing factor for the markets. He suggested that the easing of uncertainty is the primary driver for his positive outlook on market performance.

While Chan’s comments focus on the potential for economic stability, the broader geopolitical context remains complex. The SCMP report notes that while the summit was characterized by promises of future talks, the actual outcomes were limited in scope. Chan’s assessment relies on the premise that market participants prioritize the reduction of diplomatic friction over the immediate achievement of specific trade or policy milestones. The Financial Secretary’s remarks are part of an ongoing effort by Hong Kong officials to maintain the city's status as a stable financial hub amidst fluctuating U.S.-China relations.