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ZHOK News and Press, SPDR Solactive Hong Kong ETF From 07/15/21

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Company Name: SPDR Solactive Hong Kong ETF
Stock Symbol: ZHOK
Market: NYSE

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ZHOK - China's GDP growth data may signal more policy easing

Nikada/E+ via Getty Images Fresh data from China overnight showed the nation's economy expanding at a 7.9% pace in the second quarter, boosted by strong readings on industrial output (+8.3% Y/Y), retail sales (13.9% Y/Y) and fixed-asset investment (+12.6% Y/Y) for June. However, the GDP numbe...

ZHOK - EM's Big Inflation Divide

Big upside inflation surprises in Turkey and parts of LATAM co-exist with moderating inflation in EM Asia. China’s economic surprises keep decoupling from the rest of EM. From the market’s perspective, a key question is whether EM’s big inflation divide will reinf...

ZHOK - Global Manufacturing Economy Reels From Intensifying Supply Shortages

Although global manufacturing output growth ran at one of the fastest rates seen for over a decade in June, capacity constraints continued to develop, reflecting a lack of labour and a record worsening of supplier delivery times. The shortfall of payroll numbers to new orders was espe...

ZHOK - International Equities - 2Q 2021

As the first half of 2021 comes to an end, the global economy is recovering strongly from its sharp decline last year caused by the COVID-19 pandemic. Regional economic growth differences during the first half reflect differences in the spread of the pandemic and policy responses to i...

ZHOK - A look back at China's economy as Communist Party marks centenary

Andrea Verdelli/Getty Images News China today celebrated the ruling Communist Party's centenary with a big show in Tiananmen Square. Saber-rattling by President Xi Jinping also made some news after he warned that bully nations will "get their heads bashed in," hailed a "new world" and committ...

ZHOK - The Global Economy Transitions From Recovery To Expansion

The global economy has reached an important milestone in the second quarter of 2021, surpassing the pre-pandemic real GDP peak attained in the fourth quarter of 2019. After a 3.5% contraction in 2020, global real GDP is projected to increase 6.0% in 2021, its strongest advance since 1...

ZHOK - A Clearer Path For Fundamental Navigation

We formally neutralized the influence of two macro themes centered on global protectionism and Chinese growth. European populism was reduced as a significant headwind to valuation opportunities. With fewer headwinds, there may be a less obstructed path for price to gravitate towar...

ZHOK - PMI Data Hint At Rising Numbers Of Staff Shortages

IHS Markit's PMI business surveys showed the economic recovery gaining momentum in May as output growth accelerated to the fastest for 15 years. Although growth of new orders accelerated globally in May to reach the highest since 2006, employment growth slowed marginally compared to A...

ZHOK - BRIC Composite PMIs April 2021: Recovery Fragile, Inflation Heating Up

April PMIs for BRIC economies show continued strengthening in the recovery in China and Russia, moderation in the recovery momentum in India and deepening collapse in the recovery in Brazil. BRIC as a group underperformed Global PMIs in April in both Services and Manufacturing, althou...

ZHOK - BRIC Composite PMIs Q1 2021: A Mixed Bag For Recovery Votes

Brazil Composite PMI fell from 54.4 in 4Q 2020 to 52.1 in 1Q 2021, marking a slowdown in growth conditions in the economy. Russia Composite PMI increased from recessionary 47.7 in 4Q 2020 to still negative-growth (albeit statistically, indistinguishable from zero growth) 49.5 in 1Q 20...

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