Reuters reported that Li Chenggang, Vice Minister of Commerce, stated on Tuesday that the negotiation team has reached an agreement on the trade framework after two days of talks. They will report to the leaders of both sides. Regarding the implementation of the consensus reached by the two heads of state on June 5 and the consensus from the Geneva meeting, both sides have, in principle, reached a framework. This has positively stimulated the risk appetite for global capital market liquidity. Notably, Hong Kong has been a recipient of capital from the cryptocurrency sector, including Gao Hua Capital and the remaining funds from mainland foreign trade. Many licensed exchanges are gearing up.