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PGJ News and Press, Invesco Golden Dragon China ETF From 01/31/24

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

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PGJ - 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 ...

PGJ - 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...

PGJ - China stocks end at five-year low as rescue bets fade amid macro concerns

2024-01-31 06:33:10 ET More on China Evergrande liquidation may spell more trouble for China China pumps the brakes on short-selling to bolster markets China struggles: See what SA analysts say about Chinese stocks FXI: An Ugly 2023 And Start To 2024 ...

PGJ - 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...

PGJ - 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...

PGJ - 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...

PGJ - 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...

PGJ - 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...

PGJ - 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...

PGJ - 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 ...

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