Cautious Markets as Trump-Xi Summit Delivers Sparse Surprises

China's stock markets remained flat as investors anticipated outcomes from the Trump-Xi summit. The discussions aimed at trade issues showed limited results, affecting market expectations. U.S. President Trump announced a deal for Boeing jets, but analyst expectations were unmet. The yuan sustained strength during the summit.

China's stock markets remained largely unchanged on Friday. Investors cautiously monitored the second day of a summit between U.S. President Donald Trump and China's Xi Jinping, a meet-up that has so far yielded few surprises.

The blue-chip CSI300 Index and Shanghai Composite Index exhibited minimal variation, similar to Hong Kong's Hang Seng. The leaders planned to meet for tea before Trump departs for the U.S.

The yuan held its strength amid the talks, hitting a three-year high against the dollar in a previous session. However, it slightly eased after a weaker midpoint rate was set by the People's Bank of China.