By Tim Hepher, Angela Christy M and Ananya Palyekar (Reuters) -Shares in Europe's AirbusPA> rose on Wednesday as evidence of talks to sell hundreds of planes to China gathered pace ahead of a summit of European and Chinese leaders in July.

American depositary receipts rose more than 3% on Wednesday as speculation intensified around a potential blockbuster aircraft order from China, possibly involving hundreds of jets. The renewed momentum in negotiations comes ahead of a planned summit between European and Chinese leaders in Beijing next month.

Chinese airlines are reportedly planning to place significant orders for Airbus SE (OTC:EADSY) aircraft, potentially involving hundreds of jets as early as next month, according to a Bloomberg News report citing

The Trump administration's new policy to revoke the visas of Chinese students has advocates for the Asian American community fearful of the potential for broad discrimination.

The school's flagship campus, which has the second largest number of international students of all public universities in the country, could be hit hard by Trump's plan to revoke Chinese student visas.

Recent court rulings have put a hold on some of the Trump administration’s efforts against foreign students, but one group is still particularly vulnerable: Chinese students. Secretary of State Marco Rubio said last week that the federal government would “aggressively revoke visas for Chinese students,