• Top Chinese companies, including Alibaba, PDD, NetEase, and JD.com, traded in the green on Wednesday.
• Smaller Chinese names like Dreamland Limited, Oriental Culture, and Antelope Enterprise are among the double-digit percentage gainers.
• Trump and Xi's meeting comes after almost a decade amid a geopolitical crisis that has driven up energy prices and disrupted supply chains.

Shares of Chinese companies listed in the U.S. are climbing amid broader optimism ahead of the highly anticipated Trump-Xi summit, as the leaders of two of the world’s largest economies come to the table to discuss trade deals, policies, and national security.

According to data from Stock Analysis, among 339 U.S.-listed Chinese companies, over half were trading in green before midday on Wednesday.

Shares of Alibaba (BABA), PDD (PDD), NetEase (NTES), and JD.com (JD), which also have significant U.S. exposure, are trading with 3% to 7% gains. It is notable that BABA stock was down after earnings on Wednesday, but has since reversed course amid the positive sentiment currently surrounding the summit. With the exception of JD.com, the rest of the group has underperformed the S&P 500 so far this year.

The biggest double-digit percentage gainers among Chinese companies listed in the U.S. include Dreamland Limited (TDIC), Oriental Culture Holding (OGC), Antelope Enterprise Holdings (AEHL), Jiuzi Holdings (JZXN), and VNET Group (VNET), which are up between 25% to 67%.

Trump-Xi Summit In Focus

The summit between U.S. President Donald Trump and his Chinese counterpart Xi Jinping had earlier been postponed due to the ongoing geopolitical conflict between the U.S. and Iran, which has increased energy prices and disrupted global supply chains.

However, all eyes will now be on the progress of the discussions between the two superpowers, which could provide global markets with some clarity on what lies ahead for businesses with exposure to both nations. The last time Trump met Xi was in 2017, during his first presidency.

Among other topics, the summit will likely discuss the war, as China is Iran’s biggest oil customer, and AI infrastructure, especially with the last-minute addition of Nvidia CEO Jensen Huang.

Trump’s entourage consists of the top executives from Magnificent 7 companies, Nvidia, Tesla, and Apple; CEOs of Boeing and GE Aerospace, heads of the world’s largest asset managers Blackrock and Blackstone, and senior financial industry executives from Citi, Goldman Sachs, Visa, and Mastercard, among others.

What Retail Thinks About The Summit

On Stocktwits, multiple users anticipate the summit will result in new deals. One user wrote that any Chinese tech deal with the U.S. will certainly involve Alibaba.

Another user noted that Nvidia's growth will explode if it sells to China.

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