China Markets Turned Cautious Ahead of Xi-Trump Call

Li Chen
19 Sep, 2025
Hong Kong

China's stock market indexes struggled to stay above the flatline, and investors turned cautious ahead of a call between the leaders of China and the U.S. 

The Hang Seng index inched higher 0.1%, and the CSI 300 index increased 0.3% amid a potential disruption in trade talks between China and the U.S. 

Xi Jinping and Donald Trump are set to discuss the future of TikTok, tariff levels, and engagement rules for advanced chip trade. 

The call between the two leaders is set to start at 9:00 a.m. Eastern Time.

For the week, the Hang Seng index increased 1.2%, and the CSI 300 index decreased 0.5%. 

Over the last three months, foreign investors have tiptoed into Chinese stocks trading on the Hong Kong Stock Exchange, driving the two benchmark indexes to multi-year highs.

 

China Indexes and Stocks

The Hang Seng Index increased 0.1% to 26,564.81, and the mainland-focused CSI 300 index edged up 0.3% to 4,512.77. 

Anta Sports Products advanced 2.4% to HK$96.65, AIA Group Ltd. decreased 1.5% to $72.0, and Nongfu Spring Ltd. increased 1.6% to HK$54.55. 

GenFleet Therapeutics Shanghai soared 116% to HK$44.04, and the biopharmaceutical company sold 89.2 million shares in a global offering and raised gross proceeds of HK$1.82 billion. 

The oncology-focused biotech company priced its share at HK$20.39 and sold 81.5 million shares to international investors and 7.76 million shares to local investors. 

Hebei Chichang Auto Parts soared 293% to 42.61 yuan, and the manufacturing company listed its share on the Beijing Stock Exchange. 

Zijin Gold International, a subsidiary of Zijin Mining, is likely to complete its public offering in Hong Kong to raise as much as HK$25 billion, or $3.2 billion, and list its stock on September 29.