US Global Investors China Region
China’s Official Manufacturing PMI Nudged Down in November
China’s official Manufacturing PMI reading for November was slightly down and came at 49.6 as compared to 49.8 in October. This index is released every month.
Portfolio Composition of China-Focused Mutual Funds: USCOX and ACOCX
The financial sector dominates both the US Global Investors China Region Fund Investor Class (USCOX) and the AC One China Fund Investor Class (ACOCX).
The Caixin China Services and Composite PMI in October
The Caixin Composite Output Index stood at 49.9 in October—slightly below the neutral 50.0 value—up from 48.0 in September.
Caixin China Manufacturing PMI Deteriorated Further in December
Staying below the neutral reading of 50, the Caixin China manufacturing PMI came in at 48.2 in December, down from 48.6 in November.
Caixin China Composite PMI: Reduced Business Activity in December
The Caixin Composite Output Index stood at 49.4 in December, below the neutral 50.0 value and also down from November’s reading of 50.5.