Global X MSCI China Consumer Discretionary ETF (CHIQ) Stock Price, News, Quotes-Moomoo

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Spinee

Nov 5 06:31

Twelfth Meeting of the 14th National People's Congress Standing Committee: Review of Proposal to Increase Local Government Debt Limits to Replace Existing Hidden Debt.

The proposal under review indicates a potential for a substantial one-time bond replacement. There have been differing opinions in the market regarding how to issue replacement bonds, with some suggesting special government bonds or additional treasury bonds for replacing local hidden debt, while others believe local government bon...

Earnings flood from China's stocks: Is a turnaround on the horizon?

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Spinee

Nov 5 05:40

China Services Growth Rebounds on Strong Supply and Demand, Caixin PMI Shows

This is good news going into the NPC meeting.
China's services industry picked up substantially in October as per Caixin.
That's a 52.0 reading, up from 50.3 in September. It's also significantly better than the 50.5 that was expected.
It raises the Caixin PMI Composite reading to 51.9, up from 50.3 in September. Also good news.
$Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$ $BABA-W (09988.HK)$ $TENCENT (00700.HK)$ $XIAOMI-W (01810.HK)$ $BILIBILI-W (09626.HK)$ $Hang Seng TECH Index (800700.HK)$

Earnings flood from China's stocks: Is a turnaround on the horizon?

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Spinee

Nov 5 04:21

You'd be crazy to think that China doesn't care who wins today's US elections. They watch it very closely and likely even adjust their stimulus based on who ends up victorious.
But China has dealt with a Trump administration before. And it knows a Harris win will be just another 4 years of Biden. So, it's got a good idea of what it can expect going forward.
If you're an investor in China, this should reassure you. The worst thing for a market is uncertainty. And there's almost no uncertainty w...

Trump trade: Bitcoin hit record highs and Tesla hits $1 trillion market cap

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Spinee

Oct 29 21:51

U.S. investors have been buying Chinese stocks at a record pace.

Normally, that would be a warning sign. But we shouldn't worry about the money moving into China today. Instead, this shift is a sign that the boom can continue. The Chinese government is unleashing stimulus to boost the economy and stock market.
Chinese stocks have jumped 20%-plus since the low last month, even with a slight pullback along the way. And that quick rally has caught the attention – and dollars of more investors. We ...

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Spinee

Oct 29 03:15

From Jan. to Sept., the profit in China's mining sector fell by 10.7% y/y(vs 9.2%) to 0.89 trillion yuan.

The manufacturing sector fell by 3.8%(vs +1.1%) y/y 3.73 tln yuan.
The electricity, heating, gas, and water supply sector +12.1%(vs 14.7%) to 5.99 billion yuan.
$Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $KraneShares CSI China Internet ETF (KWEB.US)$ $NASDAQ Golden Dragon China (.HXC.US)$ $Global X MSCI China Consumer Discretionary ETF (CHIQ.US)$

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CHIQ Global X MSCI China Consumer Discretionary ETF

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