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PGJ News and Press, Invesco Golden Dragon China ETF From 10/13/23

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Company Name: Invesco Golden Dragon China ETF
Stock Symbol: PGJ
Market: NASDAQ

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PGJ - China eyes stabilization fund to boost weakening stock market - report

2023-10-13 05:04:09 ET China may set up a stabilization fund to boost confidence in its $9.5T stock market that has been struggling in the backdrop of a weakening economy, a deepening property crisis and geopolitical headwinds, Bloomberg reported citing unnamed sources. Under the propos...

PGJ - Asia-Pacific stocks fall as traders digest China's inflation data; eyes on US banks' earnings

2023-10-13 02:40:09 ET Japan -0.71% . China -0.71%. China consumer prices unexpectedly flat , factory-gate price fall the least in 6 months. China September USD dollar denominated Exports -6.2% y/y, Imports -6.2% Hong Kong -2.28% . Shares in Hong Ko...

PGJ - China's exports, and imports fell 6.2% in September amid weak global demand

2023-10-13 01:44:32 ET China's exports and imports decreased in September compared to the same month last year, although they decreased at a more moderate rate  amid persistently weak demand from home and abroad. Exports from China shrank 6.2% y/y to $299.13 billion in...

PGJ - Chinese President calls for boosting efforts in core technologies - report

2023-10-12 11:13:21 ET More on Chinese tech stocks Alibaba's Turning Point: Stimulus And Satellite Optimism Baidu: Underrated AI Stock With A Growth Catalyst JD.com: Expect Long-Term Economic Overhang To Continue Tencent: Record Low Valuation And Restored Gro...

PGJ - Alpinum Investment Management AG Q4 2023 Investment Letter

2023-10-12 05:10:00 ET Summary Alpinum Investment Management is a Swiss asset manager whose key areas of expertise include. traditional and alternative credit investments, direct lending and hedge funds. The economic outlook is soft, but not disastrous. US economy demonstrates str...

PGJ - China sovereign wealth fund raises stake in 'Big Four' banks

2023-10-12 03:38:54 ET China's sovereign wealth fund Central Huijin Investment marginally raised its stake in the country's four biggest banks for the first time since 2015, kindling hopes that authorities will step in to prop up the stock market amid an exodus of global funds. The ...

PGJ - Festive Reshoring: Holiday Decoration Supply Chains Shift

2023-10-12 01:50:00 ET Summary The US holiday shopping season is getting underway, including purchases of holiday lights and decorations. Shipments of decorations for the Halloween season had already run ahead of schedule. This year, the shipping pattern appears similar to pri...

PGJ - Asia-Pacific stocks edge higher ahead of key U.S. inflation data

2023-10-12 01:38:12 ET China considers boosting deficit to stimulate economic growth - report Jump in 10-year Treasury yield somewhat 'perplexing,' Fed's Kashkari says U.S. Dollar Gets Even Stronger As Long-Term Yields In The U.S. Rise For further det...

PGJ - Israel-Hamas War Brings Geopolitical Risks To The Forefront

2023-10-11 06:30:00 ET Summary The Israel-Hamas War has shocked the world and brought geopolitical risk to the forefront of global conversation. The September "dot plot" from the Federal Open Market Committee triggered fears that the US Federal Reserve would keep interest rates "h...

PGJ - PGJ: Challenged Performance Even Considering The Pandemic

2023-10-11 05:36:02 ET Summary Invesco Golden Dragon China ETF has seen negative returns of 11.2% over the past decade despite China's growing economy. The fund has been impacted by the extended pandemic effects, US-China tensions, and uncertainty about China's economy. While ...

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