FNI News and Press, First Trust Chindia From 09/01/22

Summary Non-China Asian exports are still growing, but the pace of increase has slowed and will slow still further as key export destinations struggle with inflation, energy security, and rising recession risks. In year-on-year terms, the rate of overall export growth is now skirt...

Summary Today's market X-ray shows the returns for each index, asset class, sector, and so on, since the recent low point on June 16th. Of the global indices, US small caps are in the lead, followed by the NASDAQ. High beta stocks are the most preferred factors since June 16. ...

Summary Policymakers have spent weeks trying to convince investors that there was no dovish pivot, to no avail. So it was up to Powell to reinforce the Fed’s commitment to bringing inflation back to target and I think there’s little doubt he did it. In referencin...

Summary Global securities finance revenues reached $6.1bn in the first half of 2022, an increase of 12% YoY. Global ETP lending revenues were $453mn for H1, continuing to set new all-time highs, representing a 48% YoY increase. 2022 is off to an impressive start for Securities...

Summary Two shocks pushed the economy off course in the second quarter - Russia's invasion of Ukraine on 24 February and COVID-19 lockdowns in mainland China. Although real GDP decreased slightly in the first two quarters of 2022, do not call it a recession! With global demand...

India’s demographic advantage puts the country in a position to be one of the fastest-growing global economies—if not the fastest. India remains synonymous with entrepreneurship, especially for technology firms. India’s growth has not been fast enough to absor...

ZTO achieved robust revenue and earnings growth in the recent quarter, thanks to volume growth, ASP increases, lower competitive intensity, and good expense management. I have a positive view of ZTO's future market share gain potential, but I am worried about the negative effects of w...

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...

Tencent Music Entertainment delivered better-than-expected earnings for Q2 2022, as its efforts to manage expenses have paid off. The near-term outlook for TME is mixed, with topline contraction expected to be offset by higher profit margins. Tencent Music Entertainment is still r...

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. ...