CHIX News and Press, Global X MSCI China Financials From 03/16/23

2023-03-16 00:35:06 ET Average new home prices in China's 70 major cities dropped by 1.2 percent year-on-year in February 2023, slowing from a 1.5 percent drop in the previous month. This was the tenth straight month of decrease in new home prices but the softest pace since July 2022,...

2023-03-15 16:23:00 ET Summary Why China's growth target this year is so modest? Has China completely dealt with the challenges of 2022? Why China's real estate sector still remains a risk? China is targeting 5% growth for 2023, its lowest in decades. Haining...

2023-03-11 02:40:00 ET Summary Beyond the initial reopening phase, policymakers and investors are shifting focus towards the longer-term growth outlook for China. The health of domestic consumers and businesses appears to be improving and foreign investor flows have picked up mean...

2023-03-11 00:46:00 ET Summary Wall Street will pay close attention to the February inflation report. The ECB is widely expected to raise interest rates by 50 basis points on Thursday but it’s what comes next that investors will be most interested in. The fact that the ...

2023-03-08 04:53:00 ET Summary Global business activity rose in February at the fastest rate for eight months, according to the JPMorgan Global PMI. The improvement has helped allay global recession fears, and came as a positive surprise to the markets. Consumer services outpe...

2023-03-08 03:33:00 ET Summary Global jobs growth accelerated to a six-month high in February as improving demand conditions and rising business confidence encouraged greater hiring, with job gains reported in all major economies bar Brazil. The fastest jobs growth, by a whisker, ...

2023-03-08 01:26:00 ET Summary Higher US bond yields and interest-rate expectations have a negative impact on long duration assets, including technology companies. Selected companies in India and Hong Kong which are perceived to have below-average corporate governance have come un...

2023-03-07 16:24:00 ET Summary Equities in China have delivered a spectacular rebound since the country’s COVID reopening, with MSCI China up 37% in the four months ending February 2023. From here, the pace of demand recovery in China will be a critical driver for markets. ...

2023-03-07 12:50:00 ET Summary Global business activity grew at its strongest rate for eight months in February, reviving further from the low seen last October. Looking at the major developed economies, there was encouraging news from the US and Europe. Looking ahead, prospec...

2023-03-07 01:51:14 ET China Feb. Balance of Trade at $116.88B, versus forecast figure of $81.8B, $78.01B prior. Exports -6.8% vs. -9.4% consensus, -9.9% prior. Imports -10.2% vs. -5.5% consensus, -7.5% prior. For further details see: Germany trade surplus of $116.88B, b...