-
Chinese Markets Pick Up Following Positive Data On Manufacturing
Monday, July 1, 2024 - 11:10am | 567Chinese stocks improved on Monday after data on June manufacturing came in better than forecast and reached its highest point in three years. The CSI 300 Index, which follows China’s largest companies listed in Shanghai and Shenzhen, rise 0.5% on Monday to come out of a four-month low and...
-
Goldman Sachs Investment Expert Warns Against Investing In China: 'It Is Not Clear What The Overall General Direction Of Policy Will Be Long Term'
Tuesday, March 5, 2024 - 4:13am | 626Sharmin Mossavar-Rahmani, the Chief Investment Officer (CIO) of Goldman Sachs Group wealth management, has cautioned against investing in China, citing unclear policy and economic data. What Happened: Mossavar-Rahmani, in an interview with Bloomberg Television, advised clients against investing in...
-
Tesla Battery Supplier CATL Is Now The Second Most Valued Company Listed In China
Monday, November 22, 2021 - 1:34pm | 450Tesla, Inc. (NASDAQ: TSLA) battery supplier Contemporary Amperex Technology Co., Ltd, popularly known as CATL, has quietly risen through the ranks, thanks to the burgeoning demand for EV batteries to power green energy vehicles. CATL Climbs to Second Spot: Shares of CATL, which are listed on the...
-
CSOP Triples Its U.S. ETF Lineup With Two New Funds
Wednesday, October 21, 2015 - 9:51am | 535CSOP Asset Management, the largest renminbi-qualified institutional investor (RQFII) in the world, tripled the size of its U.S. exchange-traded funds lineup Tuesday with the introduction of two new funds, the CSOP MSCI China A International Hedged ETF (NYSE: CNHX) and the CSOP China CSI 300 A-H...
-
Direxion Launches New Leveraged China A-Share ETF
Wednesday, April 22, 2015 - 3:33pm | 448Chinese stocks have been red hot this year, and a new entrant in the ETF space is looking to intensify those returns through the use of leveraging. Direxion Investments recently introduced the Direxion Daily CSI 300 China A Share Bull 2x Shares (NYSE: CHAU). This ETF seeks to replicate 200...
-
Chinese Manufacturing Slumps Further In June; Liquidity Crunch Hurts Small Businesses
Monday, July 1, 2013 - 9:25am | 647China's manufacturing sector showed signs of slowing again in June as two key measures of manufacturing output fell to four- and nine-month lows respectively in the country that accounted for nearly 38 percent of world GDP growth and 21.8 percent of emerging market growth in 2012. Manufacturing...