U.S. Treasury Secretary Scott Bessen reported “substantial progress” in U.S. talks with China’s officials to de-escalate a trade war, but offered no details of an agreement reached, Emma Farge and John Revill of Reuters reports. Bessen told reporters further details would be announced on Monday and that President Donald Trump was aware of the results of the “productive talks.” Chinese companies that publicly trade in the U.S. include Alibaba (BABA), Yum China (YUMC), Tencent (TCEHY), NetEase (NTES), PDD (PDD), Nio (NIO), Baidu (BIDU), and JD.com (JD).
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BABA:
- ‘China’s Determined to Take It on the Chin’ – U.S.-China Trade Talks Open with High Stakes and Cautious Optimism
- Alibaba’s Stock Soars: AI Deals and E-commerce Boost
- Alibaba Reports Share Changes and Repurchases in May 2025
- Alibaba Reports April 2025 Share Capital Movements
- Apple (AAPL) Scrambles to Regain Chinese Market Share as Trade War Intensifies
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue