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CHIC News and Press, Global X Funds Global X MSCI China Communication Services ETF From 02/13/24

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Company Name: Global X Funds Global X MSCI China Communication Services ETF
Stock Symbol: CHIC
Market: NASDAQ

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CHIC - Bull Markets Climb A Wall Of Worry

2024-02-13 00:40:00 ET Summary Bull markets naturally climb a “wall of worry,” and the latest worries center around escalating wars, the presidential race, and delays in Fed rate cuts. Shipping disruptions in the Red Sea are not adversely impacting the U.S., but they...

CHIC - Weekend Commentary: Deflation And Inflation

2024-02-10 05:11:50 ET Summary China's consumer prices fell last month at the fastest pace since the global financial crisis, piling pressure on the government to step-up support for a stumbling economic rebound that's roiling markets. Total New Loans of a record $684 billion were...

CHIC - Emerging Markets Growth Accelerates At The Start Of 2024

2024-02-10 01:55:00 ET Summary A third consecutive monthly acceleration in global output growth was supported by faster emerging market expansion. Emerging markets continued to lead growth at the start of the year, with improvements seen in India and Brazil, while mainland China a...

CHIC - China: January 2024 CPI Inflation Fell To The Lowest Level Since 2009, Likely To Mark The Bottom

2024-02-08 11:30:00 ET Summary China's January CPI inflation was weaker than forecast at -0.8% YoY, which marks the lowest level since September 2009. We expect this to mark the bottom of the current cycle. China's pork cycle also indicates that the drag from pork prices will ...

CHIC - Global PMI Signals Faster Economic Growth And Brighter Prospects At Start Of 2024

2024-02-07 19:18:00 ET Summary Global output growth accelerated for a third straight month in January, according to the S&P Global PMI surveys. Financial services reported by far the strongest expansion of the major industries tracked by the global PMI, fueled in turn by resur...

CHIC - Is China Coming Back With A Bang?

2024-02-07 18:49:00 ET Summary Chinese equities are extremely cheap and priced for bad news. We believe this environment may present opportunities for active managers. Valuation-focused and contrarian, opportunistic managers are rotating into China, focusing on beaten-down interne...

CHIC - Trade Downturn Eases At Start Of 2024 Despite Red Sea Disruptions

2024-02-07 18:15:00 ET Summary The worldwide PMI surveys compiled by S&P Global Market Intelligence indicated a further deterioration of global trade in December, thereby extending the sequence of decline to nearly 2 years. The seasonally adjusted PMI New Export Orders Index p...

CHIC - Why China May Need To Do More To Boost Investor Confidence

2024-02-07 17:07:00 ET Summary What has been driving recent weakness in the Chinese markets? Why China's economy continues to struggle? China's stimulus efforts: Go big or go home? China's economy has been struggling, despite stimulus efforts by Beijing. Haining Zha,...

CHIC - China Begins Year Of The Dragon With Weak Economic Momentum

2024-02-07 07:08:00 ET Summary The Chinese economy is stabilising, but the only fireworks will come from the new year celebrations, which begin on February 11, as momentum remains weak. China’s GDP growth for the fourth quarter rose from 4.9% year-on-year to 5.2%, bringing ...

CHIC - Emerging Market Insights: China Policy Recalibration

2024-02-07 04:32:00 ET Summary Following a sharp decline in the technology sector in January, policymakers in China are reviewing draft legislation titled, “Measures for the Administration of Online Games.”. Investor expectations for the timing of US interest-rate cu...

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