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PGJ News and Press, Invesco Golden Dragon China ETF From 01/17/24

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

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PGJ - Asia-Pacific stocks slide on weak China data, amid rising US treasury yields after hawkish Fedspeak

2024-01-17 02:32:19 ET Japan ( NKY:IND ) -0.40% . Markets now look ahead to domestic inflation data later this week for clues on the path for Bank of Japan monetary policy. China ( SHCOMP ) -1.98% . China Q4 GDP grows less than expected at 5.2% amid weak spen...

PGJ - China's December industrial output up 6.8% y/y, retail sales growth below forecast

2024-01-17 01:33:18 ET China's industrial production grew by 6.8% y/y in December 2023, accelerating from a 6.6% gain in the prior month and beating market forecasts of 6.6%. For the whole year, industrial output grew by 4.6% from a year earlier. China's retail sales increased by 7....

PGJ - Taiwan's Election, Japan's Market High, And China's Deflation Concerns

2024-01-17 01:30:00 ET Summary Taiwan: Voters chose a return to the status quo, which could help reduce tensions with China. Japan: An improving macro environment led to a new high for the Nikkei 225 Index. China: Disappointing consumer and producer price data raised concerns ...

PGJ - China Q4 GDP grows less than expected at 5.2% amid weak spending, property market decline

2024-01-17 01:10:00 ET China's economy saw a less-than-anticipated growth in Q4 due to ongoing challenges such as sluggish consumer spending and a decline in the real estate sector. China’s GDP climbed 5.2% in Q4 of 2023, faster than a 4.9% growth in Q3 but less than marke...

PGJ - Emerging Markets Conclude 2023 On Better Note Than Developed Markets

2024-01-16 20:56:00 ET Summary Emerging markets will also be looking closely at economic conditions in mainland China, which will be a key determinant of broader emerging market growth in 2024. A key reason for diverging emerging and developed market performance was the marked var...

PGJ - Asia-Pacific stocks in red tracking losses in other major markets amid economic uncertainties

2024-01-16 02:35:50 ET Japan ( NKY:IND ) -0.79%. Japan producer prices climb 0.3% in December . Consumer inflation data due later this week is also expected to show further signs that price pressures are moderating. China ( SHCOMP ) +0.25% . Traders an...

PGJ - Investing Themes For 2024

2024-01-15 12:40:00 ET Summary All decisions around investing, everything we're seeing everyone doing is now colored by the rate situation. Artificial intelligence is a constantly growing and transforming phenomenon. Unlike artificial intelligence, a lot of the most exciting a...

PGJ - PBoC keeps medium-term lending facility rate unchanged at 2.5%

2024-01-15 01:47:32 ET China’s central bank left its medium-term policy loans rate unchanged, defying market expectations for further policy easing to support economic growth. On Monday, The People's Bank of China (PBoC) said it was keeping the rate on 995 billi...

PGJ - Asia-Pacific stocks mixed in holiday-thinned trade, while PBOC keeps its key rate unchanged

2024-01-15 01:27:10 ET Japan ( NKY:IND ) +0.92% . Investors now ahead to Japanese inflation figures for December due later this week to guide the monetary policy outlook. China ( SHCOMP ) +0.29% . People's Bank of China set MLF rate at 2.5% (prior 2.5%). ...

PGJ - ASHR: Too Early To Be A Mainland China Contrarian

2024-01-12 12:27:52 ET Summary Chinese mainland blue chips had another torrid year in 2023. Yields are up, but valuations are not that cheap; nor has the macro backdrop improved. A-share vehicles like ASHR might still have more room to correct before we hit bottom. N...

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