US President Trump's administration is reportedly debating permitting Tencent (700 HK) to keep its gaming investments, according to FT

US President Trump's administration is reportedly debating permitting Tencent (700 HK) to keep its gaming investments, according to FT.

The report suggesting that the Trump administration may allow Tencent to retain its gaming investments is significant as it could ease regulatory tensions between the US and China. This move may bolster market sentiment around Chinese equities and improve risk appetite, particularly within the technology sector. Furthermore, it could influence currency flows, especially in USD vs. CNY, as investor confidence wavers based on US-China relations.