Shares in Asia remain mixed on Monday morning as investors expect more trade-off between the US and China.
Chinese assets recorded declines in early trading, with Shanghai composite losing about 0.2%.
In Hong Kong, Hang Seng rose 0.2%. Railroad MTR shares fell about 1% after a train crash hampered city traffic.
"Investors will continue to search in China and the United States for any up-to-date information on the proposed trade deal and all signs that it is likely that the two Presidents will be in a positive mood," said Rakuten Services Australia.
Investors will monitor the development of the US and China trade front after a report by Xinhua news agency last Friday that Chinese Deputy Prime Minister Liu He spoke to US Secretary of State Steven Mnuchin and US Trade Representative Robert Lighthizer on the phone.
The report, according to the South China Morning Post, says: "Both countries have made further progress on the text of the trade agreement between the two countries."
The news comes after Chinese negotiators offer a combination of a US state visit with the signing of a trade deal. Beijing wants the deal to be completely ironed up before Chinese President Xi Jinping meets with US President Donald Trump.
"Although there is a strong political imperative on the part of the United States to conclude a deal before the next year's election, China is likely to put an end to this issue, and although we expect a deal to be announced, we will only believe when we see it, David said de Garis, director of the National Australia Bank.
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