CHIX News and Press, Global X MSCI China Financials From 07/03/23

2023-07-03 20:59:00 ET Summary Japanese yen and Chinese yuan have seen some depreciation, given their more accommodating policies. The euro has been settling into a trading range against the U.S. dollar, thanks to the mixed picture on inflation and the pace of rate increases. ...

2023-07-03 01:15:55 ET The Caixin China General Manufacturing PMI fell to 50.5 in June 2023 from 50.9 in the prior month but above market consensus of 50.2. The latest print was the second straight month of growth in factory activity, with output growth slowing from May's 11-mon...

2023-06-30 21:28:00 ET Summary The June US jobs report is expected to show hiring cooled from the 339,000 pace to 200,000 jobs. Turkish CPI is expected to remain close to 40% but with the currency in freefall, the inflation outlook is likely to get worse before it gets sustainably...

2023-06-30 11:51:08 ET Global X MSCI China Financials ETF ( NYSEARCA: CHIX ) - $0.0405 . Payable Jul 10; for shareholders of record Jun 30; ex-div Jun 29. For further details see: Global X MSCI China Financials ETF declares semi-annual distribution of $0.0405

2023-06-30 01:15:38 ET The China official NBS Manufacturing PMI rose to 49 in June of 2023 from 48.8 in May, matching market estimates while pointing to the third straight month of contraction in factory activity. The latest figure came amid growing signs that China’s pos...

2023-06-28 23:50:00 ET Summary Supply chains are almost back to normal in terms of activity, inventories and seasonality. Yet, there are plenty of uncertainties in both the government policy and physical risk heading into the second half of 2023 as firms start to implement long-te...

2023-06-28 16:47:00 ET Summary Investors are faced with high uncertainty about the future of a global economy that lost momentum in June following sizable gains in May. Government and central bank actions to stimulate the Chinese economy are not likely to have a significant impact...

2023-06-28 09:30:00 ET Summary Our base case anticipates a relatively brief and shallow economic slowdown as inflation continues to moderate and monetary policy tightening nears an end. In our downside scenario, we could potentially see a “hard landing,” starting wit...

2023-06-27 04:33:00 ET Summary One striking observation from our journey through China's growth sectors was the impressive advancement towards green energy. China aims to reach a capacity of 3.3 terawatts by 2030, substantially exceeding its current goal of 1.2 terawatts. In l...

2023-06-27 01:41:55 ET At the World Economic Forum's annual meeting in Tianjin, China’s leader, Premier Li Qiang, said Tuesday that China was still on track to reach its annual growth target of around 5% and sees Q2 growth as being faster than in Q1. The Chinese economy a...