Columbia Greater China A
Company & Industry Overviews
Will Slowdown in China Keep Affecting Global Growth?
According to Gorman, China’s transition and trade war with the US are points of concern.
Caixin China Services and Composite PMI Weakened Further in May
The Caixin China General Services Business Activity Index indicated that service activity expanded at a slower pace in May 2016, coming in at 51.2.
Macro Factors to Look for When Investing in China
China’s shifting its focus from a manufacturing-based economy to a consumer-based economy. It’s expected to do well in the long run.
Caixin China Services and Composite PMI Soften in April
The Caixin China General Services Business Activity Index came in at 51.8 in April, above the neutral 50.0 level and lower than 52.2 in March.
SSE Composite Index Fell Despite China’s Industrial Profits
The SSE Composite Index fell marginally from April 20–27, 2016. This came despite China’s industrial profit growth in March.
How Did China’s Service Sector Fare in March?
China’s service sector expanded at a moderate pace in March. The Caixin China General Services Business Activity Index beat the neutral value of 50 to come in at 51.3 in March.
How Did Caixin China Services and Composite PMI Trend?
The Caixin China General Services Business Activity Index came in above the neutral 50.0 value at 51.2 in February, which was down from 52.4 in January.
Columbia Greater China Fund: Information Technology Sector Focus
The Columbia Greater China Fund – Class A (NGCAX) fell by 0.5% in December 2015 from a month prior. In the fourth quarter ended December 31, the fund was up by 10.0%.
Reading the SSE Composite Index’s Reaction to China’s Latest GDP Data
China’s GDP data grew at 6.9% in 2015 as the Chinese economy has been cooling down. This represents China’s slowest growth rate since 1990.
NGCAX Likely Rose Due to a Boost in Exports
For the month ending on November 30, NGCAX rose by 0.2%. The positive performance could be due to a boost in exports after the yuan devaluation.
The SSE Composite Index’s Performance since the Fed Rate Hike
The SSE Composite Index rose after the US Federal Reserve decided to raise the interest rate by 25 basis points. From December 9–16, 2015, the index rose 1.3% and closed at 3,516.2 points on December 16.