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CHIX News and Press, Global X MSCI China Financials From 01/31/24

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Company Name: Global X MSCI China Financials
Stock Symbol: CHIX
Market: NYSE

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CHIX - China: January PMI Edged Up But Remained In Contraction

2024-01-31 11:30:00 ET Summary Manufacturing PMI data came in slightly below forecasts, indicating a soft start to the year. The Chinese manufacturing sector remains under pressure amid a weak domestic recovery and poor external demand. The manufacturing PMI has been under 50 for ...

CHIX - 7 Reasons To Be Optimistic About The Global Economy

2024-01-31 10:30:00 ET Summary The core Personal Consumption Expenditures price index fell to its lowest level since March 2021. Euro area business optimism about the coming year improved for a fourth consecutive month in January. Last week brought several announcements from r...

CHIX - Asia-Pacific stocks mixed after downbeat China PMI data, growing caution ahead of FOMC later

2024-01-31 03:09:13 ET Japan ( NKY:IND ) +0.61% . Japan's industrial output rises 1.8%; retail sales miss forecast in December ... Read the full article on Seeking Alpha For further details see: Asia-Pacific stocks mixed after downbeat China PMI data, growin...

CHIX - China's factory activity contracted for fourth straight month in January amid soft demand

2024-01-31 01:58:23 ET The official NBS Manufacturing PMI in China was at 49.2 in January 2024, matching market forecasts while edging higher from December's 6-month low of 49.0. It was the 4th straight month of contraction in factory activity, as Beijing struggled to spur econo...

CHIX - Asian markets mixed on Tuesday after China Evergrande's liquidation

2024-01-30 02:41:05 ET More on Asia Liquidation of property giant Evergrande may spell more trouble for China's economy China pumps the brakes on short-selling to bolster market Read the full article on Seeking Alpha For further details see: Asian markets...

CHIX - The January Barometer Holds 2024 Promise

2024-01-29 22:05:00 ET Summary As we come to the end of January, having made fresh all-time highs in the S&P 500 last week, one is reminded again of the old trader’s saw that, “As January goes, so goes the year.”. October through January tends to be the st...

CHIX - Liquidation of property giant Evergrande may spell more trouble for China's economy

2024-01-29 04:46:08 ET The world's second-largest economy is in the spotlight again, with the property market standing at the heart of its troubles. Construction accounts for as much as a quarter of China's gross domestic product, but real estate reverberations are shaking up confidence and...

CHIX - Asian markets mostly in green, China curbs short-selling

2024-01-29 03:00:27 ET More on Asia Japanese Yen And FX Nikkei ends lower again as Japan rate hike bets grow; GDP data caps yen gains Asian markets remain mixed; Japan GDP shrinks Read the full article on Seeking Alpha For further details see: Asi...

CHIX - Jack Ma's $50M Alibaba Buy Signals 'Buy China'

2024-01-28 06:42:47 ET Summary Jack Ma bought $50 million worth of Alibaba shares in recent months. Chairman Joe Tsai bought $150 million worth, bringing total insider buys to at least $200M. The buys triggered a rally in Chinese internet stocks. They signalled a shift in the ...

CHIX - Can The Stock Market Rally Continue?

2024-01-27 00:12:00 ET Summary U.S. markets are trading at record highs. What's driving the gains? What is the breadth looking like? What the latest earnings season is telling us about equities. U.S. markets have been trading in record territory recently. However, ...

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