further signs of labor market slackness call for more policy support. Beijing still has fiscal ammunition to do so." ETFs: FXI , GXC , PGJ , YAO , FCHI , PEK , CAF , YXI , XPP , FXP , MCHI , YINN , YANG , TCHI , CHXF ; BONDS: RMB , DSUM , CHLC , CNY
Shanghai ( FXI , CAF ) completes its biggest week in 4 months, up 1.4% overnight as the government slashes red tape for certain investment
By Andras Bodrog : RMB continues to accelerate Talk about a real win-win situation: RMB strengthening and Chinese companies expanding, riding the stronger yuan wave. The RMB is fuel supplying more competitive cash reserves in a time when buying opportunities abound globally. The yuan is at an all
shifted quickly to support near-term growth, says the bank. Slash rates? Can't do it, says a state economist, thanks to an already abundant pool of global liquidity. Shanghai ( FXI , CAF ) fell 1.1% overnight. Post your comment!
fall, however, is from a very high level as the same metric though the first 4 months of 2013 is up 65% from a year ago. Shanghai ( FXI , CAF ) fell 0.2% overnight. The China Real Estate ETF ( TAO ) +37.5% Y/Y. Post your comment!
s Adam Johnson : "Imports AND exports better than forecast; 18 hours ago German factory orders better and U.S. job postings up ... Connect the dots." Shanghai ( FXI , CAF ) +0.7% , Hong Kong ( EWH ) +0.8% . Post your comment!
By Far Horizon : Last month, China wrapped up the inaugural session of the 12th National People's Congress ( NPC ). This marked the completion of China's leadership handover to the 5th generation of leaders of the People's Republic of China. As the Chinese economy holds the key to global economic
China's exporters remain weak," says HSBC. "Weaker overall demand has also started to weigh on employment in the manufacturing sector." Shanghai ( FXI , CAF ) is off 1.5 in early trade. Hong Kong ( EWH ) -0.9% . Post your comment!
By Joe Eqcome: Actionable Items: Highest Positive Spread: Blackstone GSO Senior Floating Rate Term Fund ( BSL ) Focus Stock: MS China "A" Share Fund ( CAF ) Last Week's Focus Stock: Lazard World Dividend & Income Fund ( LOR ) Earnings Slump: Federal Reserve Bank of Philadelphia's index of general
into stocks, mulling plans to allow A shares to be added to well-known international indexes, including the MSCI Emerging Markets Index ( EEM , VWO ). FXI +2.9% , Morgan Stanley China A Share Fund ( CAF ) +5% premarket. 1 comment!