After Xi-Trump, China tech stocks retreat as market weighs substance of ‘fantastic’ deals

While US President Donald Trump concluded his three-day state visit to Beijing by hailing “fantastic trade deals”, an immediate lack of specifics left some investors wondering if the high-stakes meeting delivered more theatre than substance.
China’s benchmark CSI 300 Index dropped 1.1 per cent on Friday for a second straight day of declines, with investors taking profits from a record-setting rally in tech stocks after Trump wrapped up his tour. For the week, the gauge slipped 0.3 per cent.
The…

المصدر: SCMP — Tech