The meeting between the Chinese and U.S. leaders commenced in a friendly atmosphere, and earlier both sides agreed to extend their trade truce until January 10 next year. Economist Lee Siu-po, in an exclusive interview with , said the truce agreement is better than nothing, especially as the date approaches year-end, helping shipping arrangements during the Christmas and New Year period. Therefore, companies are likely to accelerate placing orders to reduce risks, as the outlook remains highly uncertain.

　　He also said Hong Kong's port throughput will definitely benefit, but it is merely a cyclical issue and will not last long. After the truce, it will depend on new U.S. policies, and U.S. President Trump often changes his mind.

*China may reduce U.S. Treasury holdings in the long run*

　　With the temporary easing of Sino-U.S. trade tensions, Lee Siu-po said that in the long run, China may reduce its U.S. Treasury holdings to lower risks. On the other hand, with the easing of bilateral tensions, U.S. Treasury yields are expected to decline slightly. However, he pointed out that a major factor affecting interest rates—the trend of inflation—is "hard to predict." Assuming the truce period represents reduced tensions, inflation may ease and the pace of interest rate hikes could slow down. As for Hong Kong, banks adjust interest rates not only based on U.S. rates but also according to market conditions, such as the market supply of Hong Kong dollars and their own holdings of Hong Kong dollars.

*Trump urges U.S.-China dialogue on AI* 

　　Reports indicate that during the less-than-two-hour meeting between President Xi Jinping and Trump, both sides discussed various topics including artificial intelligence. Xi said that China and the U.S. have reached new economic and trade arrangements, and while there is competition in AI, there can also be cooperation. In his toast speech, Xi also mentioned having candid and in-depth exchanges with Trump, reaching many new common understandings and enriching the connotation of U.S.-China strategic stability. Trump said he and Xi are good friends, and that China and the U.S. should maintain dialogue and strengthen cooperation on AI, calling it a very good meeting.