CHIX News and Press, Global X MSCI China Financials From 08/24/22

Summary Equities rebounded in recent weeks as investors considered the prospects of a possible pivot by major central banks, especially after China’s central bank unexpectedly cut interest rates. Similar to Europe, core inflation and services inflation are expected to rise ...

Summary Light vehicle sales in the Association of Southeast Asian Nations recorded about 250,000 units in July 2022, an increase of 53.0% compared with July 2021. The Association of Southeast Asian Nations region's light vehicle production in July 2022 posted significant growth of...

Recent rate cuts by the PBOC offer a signal to the future direction of Chinese monetary policy. Current economic downdrafts in China make the prospect of further policy easing more compelling. Chinese monetary policy easing comes at an interesting time when many other countries ar...

JD.com announced earnings for the June quarter on August 23 and delivered a strong performance, clearly beating analyst consensus estimates. Despite a truly challenging macro-environment in China, JD.com managed to record a 5.4% year-over-year revenue growth. In the context of rel...

Much of the recent strength in the yen can be explained in one word and that is China. While I have seen no other currency watchers espouse this theory, I continue to contend the yen has become a major conduit by which wealth is being transferred out of China. This tight relations...

SEC has added Alibaba to the list of companies facing delisting. The agency is also not going to send its auditors to China before an audit deal between the Chinese and American regulators is reached. Considering that Sino-American relations are at historical lows, the opportuniti...

Alibaba has posted encouraging results and is addressing its main problem. Risks persist, but Alibaba's worst enemy can also be its best ally. Can the PBOC succeed in reinflating the Alibaba bubble? Thesis Summary Alibaba Group Holding Limited ( BABA ) is stock i...

Assessing the main issues behind recent market performance. What to expect at the Jackson Hole symposium. Economic growth slows in China. On the latest edition of Market Week in Review, Director of Client Investment Strategies, Mark Eibel, and Sophie Antal-Gilbert, Head ...

Jackson Hole has been heavily discussed since the Fed’s supposed “dovish pivot” last month when it adopted a more data-dependent stance. While policymakers have pushed back against the idea of a pivot, markets have continued to price in a slower path of tightening...

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. ...