Asian Stocks Diverge as Investors Focus on Trump-Xi Meeting
Asian stock markets showed mixed performance as interest in the US-China leaders' meeting and concerns about potential inflation offset optimism from Wall Street's record highs. The presence of CEOs from NVIDIA and Apple accompanying President Trump on his visit to China highlighted the strong economic ties between the two countries.
📋 Article Processing Timeline
- 📰 Published: May 14, 2026 at 18:35
- 🔍 Collected: May 14, 2026 at 19:02 (26 min after Published)
- 🤖 AI Analyzed: May 15, 2026 at 03:18 (8h 15m after Collected)
Central News Agency
(CNA, Hong Kong, 14th, Comprehensive Foreign Report) Asian stocks were mixed today as investors continued to focus on the meeting between US and Chinese leaders and worries about potentially persistent inflation, partially offsetting optimism from record highs on Wall Street.
Agence France-Presse reports that US President Donald Trump and Chinese President Xi Jinping held a highly anticipated summit in Beijing to discuss thorny issues including Taiwan, but there were few concrete results in the initial stages of the talks.
During the more than two-hour meeting, Trump praised Xi as a 'great leader' and a 'friend,' and predicted that the two sides would 'create a great future together.'
However, Xi issued a stern warning on the Taiwan issue, stating that any misjudgment could lead to conflict between the two major powers of the US and China.
The US delegation accompanying Trump to China included Secretary of State Marco Rubio, Secretary of War Pete Hegseth, as well as prominent US business figures such as NVIDIA CEO Jensen Huang, Apple CEO Tim Cook, and Tesla CEO Elon Musk.
Experts point out that the presence of high-profile corporate executives highlights the high degree of economic interdependence between the two countries, despite years of strained relations and calls for decoupling.
Stephen Innes, a strategist at SPI Asset Management, said, 'The presence of US business leaders on the trip highlights that the US and China's economies remain deeply intertwined.'
Innes also warned that the main risks affecting the market are increasingly interconnected. 'Rare earths, artificial intelligence (AI), Taiwan, and the Strait of Hormuz have now all become interlinked strategic pressure points, shaping the next phase of the global market risk landscape.'
Seoul's stock market led the gains today, with the Kospi index closing up 1.75%, approaching the 8,000-point mark. Taipei and Manila markets also closed higher. The Hong Kong stock market closed flat, while Shanghai, Tokyo, Jakarta, and Wellington ended lower. (Compiled by: Hung Pei-ying) 1150514
(CNA, Hong Kong, 14th, Comprehensive Foreign Report) Asian stocks were mixed today as investors continued to focus on the meeting between US and Chinese leaders and worries about potentially persistent inflation, partially offsetting optimism from record highs on Wall Street.
Agence France-Presse reports that US President Donald Trump and Chinese President Xi Jinping held a highly anticipated summit in Beijing to discuss thorny issues including Taiwan, but there were few concrete results in the initial stages of the talks.
During the more than two-hour meeting, Trump praised Xi as a 'great leader' and a 'friend,' and predicted that the two sides would 'create a great future together.'
However, Xi issued a stern warning on the Taiwan issue, stating that any misjudgment could lead to conflict between the two major powers of the US and China.
The US delegation accompanying Trump to China included Secretary of State Marco Rubio, Secretary of War Pete Hegseth, as well as prominent US business figures such as NVIDIA CEO Jensen Huang, Apple CEO Tim Cook, and Tesla CEO Elon Musk.
Experts point out that the presence of high-profile corporate executives highlights the high degree of economic interdependence between the two countries, despite years of strained relations and calls for decoupling.
Stephen Innes, a strategist at SPI Asset Management, said, 'The presence of US business leaders on the trip highlights that the US and China's economies remain deeply intertwined.'
Innes also warned that the main risks affecting the market are increasingly interconnected. 'Rare earths, artificial intelligence (AI), Taiwan, and the Strait of Hormuz have now all become interlinked strategic pressure points, shaping the next phase of the global market risk landscape.'
Seoul's stock market led the gains today, with the Kospi index closing up 1.75%, approaching the 8,000-point mark. Taipei and Manila markets also closed higher. The Hong Kong stock market closed flat, while Shanghai, Tokyo, Jakarta, and Wellington ended lower. (Compiled by: Hung Pei-ying) 1150514