JHancock Greater China Opportunities A
Why China’s CPI Data Were Stronger in February
In February, China’s CPI (consumer price index) rose 2.5% YoY—the largest rise since July 2014. It was also higher than the 1.8% YoY rise in January.
What Are the Portfolio Compositions of FHKCX and JCOAX?
The Fidelity China Region Fund Class C (FHKCX) and the John Hancock Greater China Opportunities Fund Class A (JCOAX) benchmark their performance to the MSCI Golden Dragon Index.
Did China’s Consumer and Producer Prices Rise in April?
In April, China’s food prices rose 7.4% YoY (year-over-year), while nonfood prices edged up 1.1%. Pork prices rose sharply by 33.5% YoY and accounted for 0.8% of CPI (consumer price index) growth.
Can the SSE Composite Index’s Manufacturing PMI Keep Expanding?
China’s official manufacturing index, the SSE Composite, expanded in March, indicating a slight recovery in the manufacturing sector following stimulus.
Why China’s Exports and Imports Fell Sharply in January 2016
Some analysts believe that the unexpected drop in foreign trade was mainly due to a change in the timing of the Lunar New Year.
China’s PPI Data Indicate Continued Deflationary Pressure
In October, China’s PPI for manufactured goods fell 5.9% YoY as manufacturers resorted to price-cutting due to weak demand.
China’s Retail Sales Rose in October
China’s retail sales data continue to surprise the market. Its total retail sales of consumer goods rose 11.0% YoY to 2.8 trillion yuan in October.
Ray Dalio’s 3 Rules of Thumb and the Road Ahead for China
Chinese policymakers should try to implement Ray Dalio’s three rules of thumb as closely as possible to get the country’s economic growth back on track.
China’s Industrial Production Data for August 2015
China’s industrial production data were weaker than expected and grew by 6.1% year-over-year, or YoY, in August.
Flash Caixin/Markit Reading: Manufacturing Fell Again in September
China’s flash reading of the Caixin/Markit Manufacturing PMI stood at 47 in September. It was weaker than expected. It was below August’s final of 47.5.
Performance of SSE Composite Index for the week of September 18
The SSE Composite Index fell 3.2% week-over-week and ended at 3,097.92 points on September 18, 2015.
Surprise Yuan Devaluation and the Consequences
The yuan devaluation may provide little help in boosting exports. The People’s Bank of China (or PBoC) surprisingly devalued the yuan by nearly 2% against the US dollar on August 11.
Turbulence in China’s Stock Market
Due to recent stock market turbulence in China’s stock market, the SSE (Shanghai Stock Exchange) Composite Index was down 22.7% month-over-month and ended at 3,200.23 points on September 11.
How Is the Chinese Economy Performing?
The uncertainty regarding the Chinese economy is increasing investor fears of a global slowdown.
Insights from China’s Manufacturing Purchasing Managers’ Index
China’s official manufacturing Purchasing Managers’ Index reading for August came in at 49.7 compared to 50.0 in July due due to sluggish client demand and a decline in new domestic and export orders.
How Have China-Focused Mutual Funds Performed?
In the one-month period ended August 4, 2015, each of the four funds we’re covering in this series posted negative returns due to the stock market crash that spread from the end of June until July.
Why the Chinese Stock Market Meltdown Is Just the Tip of the Iceberg
The Chinese stock market meltdown is just one of the indicators of how fragile the Chinese economy is.