SSE Composite Index Has Fallen 12.3% in the Last Week
The SSE Composite Index fell by 12.3% from January 6 to January 13, 2016, and closed at $2,949.60 on January 13 on concerns about China’s economic growth.
What Do Hedge Fund Managers Have to Say about China?
Hedge fund managers have expressed mixed opinions about the Chinese economy. China’s total debt-to-GDP ratio is currently in the range of 240%–270%, compared to 150% a decade ago.
Why Did the SSE Composite Index Fall?
The SSE (Shanghai Stock Exchange) Composite Index fell by 0.4% from November 12 to November 19. It ended at 3,617.06 points on November 19, 2015.
Analyzing Risk-Adjusted Returns of Four China-Focused Mutual Funds
Risk-adjusted returns is a concept that can be used to determine how much return an investment can provide with the given level of risk associated with it.
How Did the Fidelity China Region Fund Class C Perform in August?
The Fidelity China Region Fund Class C (FHKCX) aims to achieve long-term capital growth.
SSE Composite Index Falls despite China’s New IPO System
The SSE Composite Index fell by 1.8% from December 2 to December 9 and closed at 3,472.44 on December 9, 2015.
China’s Yuan Share Rose in Global Currency Payments
According to the latest SWIFT RMB Tracker, the yuan—also known as the “renminbi”—accounted for 2.3% of the global payments in November 2015.
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.
Why JD.com Popped ~10% Today
This morning, Chinese e-commerce giant JD.com (JD) was trading on a strong bullish note.
The People’s Bank of China Surprises Currency Markets
The Chinese yuan depreciated by 1.8% on August 11, 2015, as the People’s Bank of China (PBOC) aimed to boost the depressed economy and push exports.
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.
Why HUYA Stock Is Soaring
Over the last couple of months, reports about a slowdown in the Chinese economy have made investors nervous.
Depressed Consumer Spending Hurt the Fidelity Advisor Overseas Fund
The Fidelity Advisor Overseas Fund – Class A (FAOAX) has emerged as a below-average performer in YTD 2016 among the 12 funds chosen for this review.
Caixin China General Services Expands at Slower Pace in July
The Caixin China General Services Business Activity Index expanded at a slower pace in July to 51.7, down from 52.7 in June.
A Look at FSEAX’s Portfolio Moves Year-to-Date in 2016
FSEAX is focused on two sectors: financials and information technology. These two sectors combine to form 54% of the fund’s portfolio.
SSE Composite Index Fell after the United Kingdom’s Vote
The SSE Composite Index fell for the week ending June 24. The United Kingdom’s vote to leave the EU caused tremors across global markets.
A Dismal YTD 2016 for the Fidelity Advisor Overseas Fund
The Fidelity Advisor Overseas Fund – Class A (FAOAX) is positioned for a consumption-driven upturn, and it has preferred tech stocks over financials.
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.
Why Has the SSE Composite Index Risen?
The Shanghai Stock Exchange (or SSE) Composite Index rose from May 25 to June 1, 2016, and closed at 2,913.51 on June 1.
SSE Composite Index Was Almost Flat Due to Growing Uncertainty
The SSE Composite Index was almost flat for the week ending May 27. It ended at 2,821.05 on May 22. Investors were cautious about a probable rate hike in the US.
China’s Fixed-Asset Investment Fell in April
Fixed-asset investment is considered a key driver of China’s economic growth. China’s urban fixed-asset investment grew by 10.5% YoY to 13,259.2 billion yuan in the first four months of 2016.
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.
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.
SSE Composite Index Was Flat as NPC’s Annual Meeting Ended
The Shanghai Stock Exchange (or SSE) Composite Index was almost flat from March 9–March 16 and ended at 2,870.43 points on March 16. This occurred after China’s National People’s Congress wrapped up its two-week annual meeting by approving its 13th Five-Year Plan.
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.
Fundamental Facts about FSEAX
As stated in FSEAX’s literature, financials were the single-largest sectoral holding of the fund and formed 30.8% of the portfolio as of January 2016.
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%.
Fidelity Advisor China Region Fund: The Largest Fund by Net Assets
The Fidelity Advisor China Region Fund – Class A (FHKAX) is the largest fund by net assets. According to the latest available data for January 2016, it had portfolio assets of $1.05 billion with a net expense ratio of 1.28%.
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%.
Why Mark Mobius Sees an Opportunity in China
China’s exports fell sharply by 11.2% year-over-year (or YoY) in January as compared to a decline of 1.4% in December.
Will the Year of the Monkey Bring Good Fortune to China?
The Year of the Monkey is believed to be energetic and positive. Leading up to the New Year, the Shanghai Stock Exchange Composite Index was flat for the week ending February 5 and closed at 2,763.49 points.
SSE Composite Index Was Flat from January 27 to February 3
The SSE Composite Index was flat from January 27 to February 3. It ended at 2,739.25 points on February 3, 2016.
SSE Composite Index Fell Due to Depreciation Concerns
The SSE Composite Index fell by 8.1% from January 20 to January 27. It ended at 2,735.56 points. Crude oil prices fell below $30 on January 26.
How the Chinese Yuan Is Being Devalued by the PBoC
The Chinese yuan has been falling against the US dollar since the beginning of 2016 due to risk aversion driving capital outflows out of emerging markets.
Mark Mobius Believes Chinese Fundamentals Are Strong
Mark Mobius believes Chinese markets are volatile because the government is trying to achieve stability and to keep the markets free from capital controls.
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.
Chinese Yuan Has a Bearish Outlook in 2016
One of the most eventful currencies in 2015 was the Chinese yuan, as the PBOC (People’s Bank of China) devalued the currency to increase export competitiveness.
SSE Composite Index’s Performance from December 16–December 23
The Shanghai Stock Exchange (SSE) Composite Index rose 3.4% from December 16–December 23. It closed at 3,636.09 points as investors anticipated that China may introduce reforms to boost the real estate sector.
China’s Retail Sales Emerge as Bright Spot in November
With the slowdown in Chinese local and foreign sales, an increase in China’s retail sales becomes the bright spot in the country’s economy.
Hedge Fund Managers’ Take on the Chinese Currency and Economy
Several hedge fund managers share the same view about Chinese markets and are losing faith in China’s ability to turn its economy around.
How Did the Shanghai Stock Exchange Composite Index Perform?
The Shanghai Stock Exchange (or SSE) Composite Index fell by 3.1% from November 25 to December 2, and ended at 3,536.9 points on December 2, 2015.
Why the SSE Composite Index Fell Last Week
The SSE Composite Index fell 5.3% week-over-week and ended at 3,436.3 points on November 27, 2015, after several large broking houses came under investigation.
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.
Performance of SSE Composite Index from October 21 to October 28
The SSE Composite Index includes all listed stocks at the Shanghai and Shenzhen Stock Exchanges. Here, A-shares are shares denominated in renminbi.
Analyzing China’s Transition to a Consumer-Driven Economy
China’s transitioning from an export-driven economy to a consumer-driven economy in its quest for complete autonomy from outside forces like the US.
Caixin China Composite PMI Falls at Fastest Rate since Early 2009
The Caixin China Composite PMI data, which covers both manufacturing and services, pointed to a renewed fall in overall Chinese business activity in September.
SSE Composite Index Fell for the Week Ending September 25
The SSE (Shanghai Stock Exchange) Composite Index fell by 0.20% week-over-week and ended at 3,092.35 points on September 25, 2015.
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.
An Overview of Developments in China in the Last 3 Months
Reactions to the impact of China’s recent developments on our investments ranged from a shrug to a bloodbath. This series examines investments focused on Asian nations that have close ties with the regional heavyweight.
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.
China’s Inflation Rate Rose to 1.6% in July, FXI up 2.25%
The China-tracking iShares China Large-Cap (FXI) was up 2.25%, while the Deutsche X-trackers Harvest CSI300 CHN A (ASHR) gained 5.84% on August 10’s close/
China’s Purchasing Managers’ Index Drops in July 2015
China’s manufacturing PMI, which focuses on smaller and medium-sized businesses, for July 2015 hit a two-year low at 47.8, the fifth consecutive month of contraction.
Can China, Japan Give Your Portfolio an Edge?
Japan has benefitted from the economic stimulus delivered by Shinzo Abe’s government. His administration is now focusing on implementing structural reforms in the economy.