China shares last year were afraid of the country's economic downturn and its trade war with the United States. They have been rallying since the beginning of 201
"I can almost hear the collective sigh of relief in the region this morning," Jeffrey. Holly, an OBA online broker in Singapore, said in a commentary to the market on Monday, citing a delay in US tariff increases. He noticed that other Asian economies "are so tightly connected with the state of China when the waves are felt far and wide."
Hao Hoon, chairman of the strategy of the brokerage company BOCOM International, said that great success on Monday helped Xi's comments on the Chinese Financial Industry.
In spite of the wide-ranging nature of the Chinese comments, Chinese investors considered them Hong's view of pouring money into the securities markets
Financial stocks on Monday led to growth in Shanghai. Shares in several major brokerage companies, including Citic Securities and China Galaxy Securities, increased by 10%.
The deadline for raising tariffs will be, or when it is most likely to be met by Xi. He said the meeting will be held at the Mar-La-Lagos resort in Florida.
"This is clearly not the end of negotiations, not speaking about the main tension between the two countries, "said Kuyys.
"We do not expect to reduce existing tariffs in the near future," he added. "It's also not clear whether there will be a significant reduction in other US technology constraints or a change in its position with respect to Huawei."
The US government is trying to persuade allies to close the Chinese technology company Huawei ultra-fast 5G wireless networks, citing security issues. US prosecutors also accused Huawei of criminal proceedings, including the theft of commercial secrets and evasion of sanctions. The company denies all allegations against it.