CHIX News and Press, Global X MSCI China Financials From 08/18/22

Despite a solid fundamental outlook, headwinds have been present. The commodity run-up has clearly benefited Latin American fiscal and external accounts. Given the political currents in the region, concerns surrounding the political outlook will likely remain at the forefront. ...

Analysts have been bullish about a supply squeeze for months because sky-high natural gas prices forced record electricity costs across Europe. After all the volatility these last twelve months, the markets are now laser-focused on the traditional driver of global metals demand and pr...

The 50bp vs. 75bp hike in September is a big standoff in the treasuries markets. Treasury markets are very much doubting the path of Fed policy in 2023. Markets are discounting cuts next year. If the Fed is serious about bringing inflation down, which I think it is and the Fed has sai...

China’s National Bureau of Statistics reported that retail sales grew by 2.7% in July - nearly half as much as the consensus forecast of 5%. Industrial production also missed the 4.6% estimate with an increase of 3.8% as the Chinese economy joined the US in shrinking during the...

After weakness tied to Shanghai lockdowns in April and May, the Chinese economy and capital markets rebounded rapidly as the economy reopened. Adjustments to epidemic prevention and control policies, more comprehensive economic stimulus, and fresh social spending are all possibilities...

In April 2022, four rural banks in the Chinese province of Henan announced the freezing of what turned out to be roughly 40 billion renminbi (or about $6 billion) of retail deposits. Within three months, a group of homebuyers around China threatened to stop making mortgage payments on...

CPI numbers show an easing of inflation. Will the Fed keep raising rates? China inflation sits at 2.7%. Does that impact their government policies? A 45% recession likelihood projection. What’s driving that number? Inflation, recession, and China are the key topic...

Wuxin Technology Holdings has filed proposed terms for a $33 million U.S. IPO. The firm makes semiconductors and related products for Internet of Things applications. WXT is growing revenue and producing profits, but growth is slowing, and the company faces ongoing and unpredictab...

China Yuchai's revenue and EPS decreased by -32% YoY and -63% YoY, respectively, in 1H 2022, but its recent interim financial performance wasn't as bad as what headline numbers suggest. CYD's future financial performance might surprise on the upside, taking into account new product op...

The global business climate is deteriorating in mid-2022, putting forecasters on recession watch. Real global GDP is likely to have declined in the second quarter of 2022, pulled down by contractions in emerging Europe, mainland China, and the United States. Adverse financial cond...