Boeing rises; planemaker close to 500-jet order with Trump-Xi summit, Bloomberg reports

Boeing's BA.N shares rise 3.7% to $230.33 in afternoon trading

BA is finalizing one of the biggest deals in its history, a 500-plane order for 737 Max jets expected to be announced when U.S. President Donald Trump travels to China for a state visit, Bloomberg News reports, citing people familiar with the matter

The parties are also in discussions over a widebody sale that includes roughly 100 Boeing 787 Dreamliner and 777X jets, report says

Deal for the twin-aisle aircraft would likely be announced at a later date and is not expected to feature in the upcoming summit, report says

Boeing did not immediately respond to a Reuters request for comment

BA has risen over 2% this year, as of last close