Templeton China World A
SSE Composite Index Rose ahead of Long Weekend
The SSE Composite Index rose slightly by 0.4% to 2,927.16 from June 1 to June 8, 2016, as the market prepared for the long weekend.
SSE Composite Index Falls on Worries of a US Interest Rate Hike
The SSE Composite Index fell 1.0% to 2,807.51 from May 11 to May 18, 2016, after the minutes of the Federal Reserve’s April policy meeting hinted that a rate hike might happen in June.
Key for Investors: 5 Issues Are Choking Real Growth in China
We think that 2016 will be challenging for the Chinese economy. With policy support and improved credit conditions, economic activity stabilized in 1Q16.
SSE Composite Index Falls on Concerns about China’s Recovery
The SSE Composite Index fell 5.4% to 2,835.86 from May 5 to May 12, 2016. Despite weak economic growth, the Chinese government has refrained from adding fresh stimulus to the Market.
SSE Composite Index Fell on Renewed Growth Concerns
The SSE Composite Index fell after news broke that Donald Trump was the Republican Party’s presumptive presidential nominee. Trump’s policies could affect US-China trade relations.
China’s GDP Grew in 1Q16: How Were Mutual Funds Affected?
China’s GDP grew 6.7% in the first quarter of 2016, indicating that the Chinese economy is rebounding.
China’s 3-Month Selling Ban Expires: Effect on Chinese Stocks
China’s SSE (Shanghai Stock Exchange) Composite Index was nearly flat from March 31, 2016, to April 7, 2016, and ended at 3,008.4 on April 7.
Company & Industry Overviews
Looking for the BRIC in the Wall
In this series, we’ll look at how the active and passive funds focused on the BRIC nations have performed. A variety of incidents and developments have led to the loss of investor confidence in these economies.
China’s Fixed Asset Investment Inches Up with New Infrastructure
China’s urban fixed-asset investment grew by 10.2% year-over-year (or YoY) to 3.8 trillion yuan in the first two months of 2016.
TCWAX: 2015’s Worst Performer, but Lowest YTD Negative Return
The Templeton China World Fund – Class A (TCWAX) is the third-largest fund under this review, with an asset size of $297.2 million as of January 2016.
China’s Retail Sector Emerged as a Bright Spot in Slowing Economy
According to Boston Consulting Group, China’s total retail sales are forecasted to grow by 50% to $6.5 trillion by 2020 with online transactions growing by nearly 25%.
Caixin China Manufacturing PMI Continued to Fall in January
The Caixin China Manufacturing PMI (or purchasing managers’ index) came in at 48.4 in January, slightly up from 48.2 in December.
TCWAX Fell Due to Weak Global Demand
For the month ending on November 30, 2015, TCWAX fell by 2.8% due to weakness in global demand and lower commodity prices.