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GXC News and Press, SPDR S&P China From 12/21/23

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Company Name: SPDR S&P China
Stock Symbol: GXC
Market: NYSE

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GXC - Asia-Pacific stocks mixed tracking late sell-off on Wall Street

2023-12-21 02:09:43 ET Japan ( NKY:IND ) -1.59%. China ( SHCOMP ) +0.55%. Geopolitical concerns also dampened sentiment amid reports that Chinese President Xi Jinping told US President Joe Biden during their recent summit in San Francisco that Beijing wi...

GXC - China Offers Warning On Euphoric Asset Prices Elsewhere

2023-12-20 03:30:00 ET Summary China's economy is struggling through a multi-year downturn in the property market, a slump in manufacturing activity, and falling exports. A triple whammy of falling real estate and stock prices amid credit defaults has hurt household net worth and ...

GXC - China keeps benchmark lending rate unchanged, amid efforts to revive slowing economy

2023-12-20 00:58:08 ET More on China economy: China pledges to strengthen fiscal policy to fuel economy's recovery China's mixed trade data signals weak demand outlook China's worries over deflation deepen as consumer prices fall at the steepest pace in three y...

GXC - Asia-Pacific stocks mixed after BOJ maintains ultra-loose policy

2023-12-19 01:59:15 ET Japan ( NKY:IND ) +1.41% . Bank of Japan maintained its ultra-loose monetary policy and provided no guidance on whether it may scrap the policy next year, as widely expected. China ( SHCOMP ) -0.19% . Hong Kong ( HSI ) ...

GXC - SPDR S&P China ETF declares semi-annual distribution of $1.6869

2023-12-18 12:24:35 ET More on SPDR S&P China ETF GXC: A Chinese Balance Sheet Recession Looms Large China pledges to strengthen fiscal policy to fuel economy's recovery Moody's revises China's credit outlook to negative, affirms A1 rating Seeking Alpha&#...

GXC - Asia-Pacific stocks in red to the start of the week as traders are cautious ahead of BOJ decision

2023-12-18 03:06:59 ET Japan ( NKY:IND ) -0.64% . Japan’s 10-year government bond yield fell below 0.70% as investors geared up for the Bank of Japan’s monetary policy decision this week. China ( SHCOMP ) -0.40% . The People's Bank of Ch...

GXC - China's Sputtering Recovery Continues

2023-12-15 08:52:00 ET Summary Industrial output growth is very slowly picking up, though the data needs to be read with care. Retail sales are still providing support. But the real estate complex still looks very challenged. Our cautious conclusion from all of this is that Ch...

GXC - China lowers budget deficit target for 2024; special debt may cover other costs

2023-12-15 04:22:01 ET China is expected to run a budget deficit of 3% of its gross domestic product next year, lower than the revised 3.8% target for 2023 as Beijing aims to maintain fiscal discipline, Reuters reported citing sources. Its economic growth target is around 5% ...

GXC - Asian markets extend gains, tracking Wall Street movement

2023-12-15 02:39:00 ET More on markets S&P 500 May Hit New Highs Mid-2024 Before Entering A Mild Recession Retail Sales Support Soft Landing Expectations But Delayed Rate Cuts Powell Spikes The Punch Bowl - The Implications For further details see: As...

GXC - China's industrial production rises 6.6% and retail sales climbs 10.1% in November

2023-12-15 01:48:02 ET More on China China: Opportunities and risks - FTSE Russell Moody's revises China's credit outlook to negative, affirms A1 rating Seeking Alpha’s Quant Rating on iShares China Large-Cap ETF For further details see: China's in...

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