US Global Investors China Region
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.
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.
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.
The financial sector dominates both the US Global Investors China Region Fund Investor Class (USCOX) and the AC One China Fund Investor Class (ACOCX).