ETMarkets.com China and Hong Kong shares fall ahead of Trump-Xi summit Synopsis China and Hong Kong stocks declined on Wednesday as investor expectations surrounding the upcoming summit between US President Donald Trump and Chinese President Xi Jinping cooled.

Rising trade friction with Europe further dampened sentiment, although property shares bucked the broader market trend on government support measures for China Vanke.

By Anupam Nagar, ETMarkets.com Sep 23, 2026, 11:36:00 AM IST Follow us China and Hong Kong stocks fell on Wednesday as investors scaled back expectations for an upcoming meeting between US President Donald Trump and Chinese President Xi Jinping, while growing trade tensions with Europe added to market concerns, Reuters reported.ADVERTISEMENT

In Hong Kong, the Hang Seng Index fell 0.8%.

The September 24 meeting between Trump and Xi is being closely watched for signs of whether the two countries will extend a trade truce agreed last year that helped avert a major shock to the global economy.

The think tank described the likely outlook as a calmer but not closer relationship.ADVERTISEMENT Europe adds to pressure on Chinese stocks Investors were also assessing rising trade tensions between China and Europe.

The ratings agency cut its forecast for China's 2026 economic growth by 0.1 percentage point to 4.5%, citing growing economic imbalances.ADVERTISEMENT ADVERTISEMENT Chinese automakers were among the sectors under pressure.