iShares FTSE/Xinhua China 25 Index FXI
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China PMI shrinks for the first time in seven months, dropping to 49.6 from 50.4 in April, missing expectations. HSBC, who collect the data, didn't mince words in an appeal to Beijing: "The cooling ...
… 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 …
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Shanghai ([[ FXI ]], [[CAF]]) completes its biggest week in 4 months, up 1.4% overnight as the government slashes red tape for certain investment projects. A total of 117 "approval items" - including ...
Shanghai ( FXI , CAF ) completes its biggest week in 4 months, up 1.4% overnight as the government slashes red tape for certain investment …
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Renminbi Keeps Going, Chinese Companies Keep Coming
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
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China's Q2 GDP growth forecast is cut to 7.8% from 8% at JPMorgan, which also reduces its full-year estimate to 7.6% from 7.8%. There's no indication the government's policy stance will be shifted ...
… 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!
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With new property curbs taking effect, China's home sales transaction value fell 13% in April. The fall, however, is from a very high level as the same metric though the first 4 months of 2013 is up ...
… 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!
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What global slowdown? Chinese April exports rose 14.7% Y/Y vs. 8.6% expected. Imports gained 16.8% vs. 11.6% expected. The trade surplus clocked in at $18.16B. Bloomberg's Adam Johnson: "Imports AND ...
… 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!
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How To Play China's Great Leadership Rotation
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
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China's flash HSBC PMI for April slides to 50.5, missing expectations by a full point and against March's read of 51.6. "New export orders contracted after a temporary rebound in March, suggesting ...
… 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!
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CEF Weekly Review: MS China 'A' Share Fund
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
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Shanghai posted its biggest gain in a month, +2.1% as regulators look to lure more money into stocks, mulling plans to allow A shares to be added to well-known international indexes, including the ...
… 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!