{
  "id": 9113783,
  "title": "As Trump and Xi meet, investors play both sides of AI divide",
  "url": "https://urgent.news/2026/09/22/as-trump-and-xi-meet-investors-play-both-sides-of-ai-divide",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-22T08:56:56.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/technology/ai/articles/trump-xi-meet-investors-play-085656582.html"
  },
  "original_language": "en",
  "account": "As China and the United States compete to develop distinct AI supply chains, investors are hedging their bets by funding companies on both sides of the geopolitical divide. Wall Street banks have played a significant role in facilitating this financial connectivity, acting as bookrunners for 19 Chinese high-tech equity capital market deals worth $17.2 billion this year, accounting for nearly 30% of the sector's total issuance. Chinese investors have also been pouring money into US tech, with US stocks, particularly semiconductors, being the top destination for China's outbound mutual funds. The value of US equity held by Hong Kong residents and mainland Chinese has surged 23% in the past year to exceed $750 billion. Despite geopolitical tensions similar to the Cold War Space Race, financial ties between the two nations persist, as analysts predict AI will be a focal point during the upcoming Trump-Xi meeting in Washington. US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng discussed establishing a US-China AI dialogue, aiming to maintain financial connectivity and economic relations. US banks continue to be involved in Chinese tech IPOs, underwriting deals such as Zhongji Innolight, MiniMax, Montage Technology, Shanghai Iluvatar CoreX Semiconductor, and Victory Giant Technology. US technology restrictions may even benefit Chinese investors, as they provide a passport for interest in domestic tech players. Chinese investment in the US has also been robust, with US stocks accounting for nearly half of the 1 trillion yuan managed by China's outbound mutual funds. Despite mounting frictions, investors on both sides of the so-called \"Silicon Curtain\" continue to diversify their portfolios to mitigate risks associated with potential political tensions.",
  "summary": null,
  "key_points": [
    "US and China compete to develop distinct AI supply chains",
    "Investors fund companies on both sides of geopolitical divide",
    "US-China AI dialogue planned during Trump-Xi meeting"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Japan Times",
        "title": "As Trump and Xi meet, investors play both sides of AI divide",
        "url": "https://urgent.news/2026/09/22/as-trump-and-xi-meet-investors-play-both-sides-of-ai-divide-9129710",
        "published": "2026-09-22T10:42:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}