A whirlwind week of announcements, executive orders, and commentary from the president turned the prevailing market narrative on its head.

China’s government has begun incrementally stimulating their economy, which could be a tailwind for China equities, which may have bottomed in January of last year.

On Monday, Hong Kong-listed growth stocks had a strong day, as the Hang Seng Index gained +1.75% and the Hang Seng Tech Index gained +2.59% following U.S. President Donald Trump and China President Xi Jinping’s Friday phone call that took place after Asia markets closed and before the U.S. markets opened.

Investors were encouraged by a Donald Trump's softer-than-feared tariff announcements as his second term kicked off.

China and Hong Kong stocks fell on Wednesday after U.S. President Donald Trump hinted at new tariffs on Chinese imports, ending a brief reprieve for the markets.

Markets rose after Trump's day-one trade policy was softer than feared, with the President holding off on issuing new tariffs via executive order.

Markets in China and Hong Kong fell Wednesday after U.S. President Trump reiterated a threat to impose an additional 10% tariff on Chinese goods.

Chinese stocks fell after US President Donald Trump said his threat to impose 10% tariffs on the nation’s goods was still being considered and may take place next month.