The Trump–Xi summit last week is expected to help ease investor concerns over
U.S.–China relations, even without major positive surprises, Julius Baer says.
Analyst Richard Tang says the meeting effectively extended the trade truth by
establishing a negotiation framework with shared objectives, though progress in
other areas remain limited.
China’s decision not to approve purchases of Nvidia H200 chips has also
reassured investors favoring domestic tech, with Chinese semiconductor stocks
supported by Beijing’s push for self-reliance.
In the near term, Julius Baer expects continued gains in AI infrastructure
equities and sees humanoid robotics stocks rebounding on improving shipment
expectations.
