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The recent uptick in #China's #markets, fueled by robust government stimulus and increased buying from sovereign wealth #funds, presents a potential opportunity for #investors in #Chinese A-shares. The KraneShares Bosera MSCI China A 50 Connect Index ETF (Ticker: KBA) offers exposure to China's largest companies, potentially positioning investors to capitalize on this favorable market climate. Read our latest article to learn more: https://rebrand.ly/su4cc9e

Chinese policymakers unleashed a raft of stimulus measures in Q3 2024 aimed at stabilising the property market and supporting the stock market, resulting in a powerful rally. ONG Xun Xiang (王勋祥), CFA, CAIA, CA, ETF Business Lead expects more policy focus to steer China’s economy and explains how the Lion-OCBC Securities China Leaders ETF (listed on SGX Group) is well-positioned to ride on China’s long-term growth story by providing exposure to 80 industry leaders across 12 sectors: https://lnkd.in/gdJSuXQD   #LionGlobalInvestors #AssetManagement #ETF #OCBCSecurities #OCBC #China #ChinaLeaders #iOCBC #SGX

China ETFs have witnessed their largest outflows in more than a year, as Shanghai and Shenzhen markets saw a combined withdrawal of $4.2 billion in May. Bloomberg's Carolina Wilson highlights that this significant movement reflects growing investor concerns and a shift in market sentiment. While the Chinese economy continues to navigate through various challenges, these outflows indicate a cautious approach by global investors. #China #ETFs #Investing #MarketTrends #FinancialNews ---------------------- Learn more here: https://lnkd.in/eeekeeXn

Chinese Passive Funds Surpass Active Ones in Historic Market Shift https://lnkd.in/dGMcKgAr Chinese stocks managed by passive funds have now surpassed those managed by active funds, marking a significant milestone in the country's investment landscape. This shift highlights China's rapid progress in aligning with the global trend toward passive investing. #activelymanagedpeers #Chinesestockmarket #ETFs #globalinvestment #InvestmentStrategies #markettrends #passivefunds

Today’s China Top Five: 💡 𝗖𝗿𝗼𝘀𝘀 𝗕𝗼𝗿𝗱𝗲𝗿 | 𝗘𝗧𝗙 𝗖𝗼𝗻𝗻𝗲𝗰𝘁 ETF Connect expansion took effect on July 22, with 85 ETFs added to Northbound Stock Connect and six added to the Southbound channel.  On the first day of the expansion, Northbound trading volume reached RMB1.2bn, while Southbound trading volume was RMB1.8 billion. 💡 𝗣𝗲𝗻𝘀𝗶𝗼𝗻𝘀 | 𝗥𝗲𝘁𝗶𝗿𝗲𝗺𝗲𝗻𝘁 𝗔𝗴𝗲 𝗖𝗵𝗮𝗻𝗴𝗲 The Third Plenum decision document introduced "voluntary and flexible" principles for gradually delaying the statutory retirement age for the first time. The Decision emphasizes addressing population aging and improving elderly care policies. 💡 𝗦𝗵𝗮𝗿𝗲𝗵𝗼𝗹𝗱𝗶𝗻𝗴 𝗖𝗵𝗮𝗻𝗴𝗲 | 𝗗𝗕𝗦 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝗶𝗲𝘀 Four state-owned shareholders have listed a combined 40% of DBS Securities (China) for sale on the Shanghai United Assets and Equity Exchange. The 19.83% and 20.17% stakes have a listing price of RMB408m and RMB415m, respectively. 💡 𝗜𝗻𝗱𝗲𝘅𝗶𝗻𝗴 | 𝗦𝗦𝗘 Shanghai Stock Exchange is launching the SSE STAR 200 index on August 20 to track liquid small-caps listed on the STAR Market. This new index accompanies existing STAR 50 and STAR 100 indices. 💡 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝗶𝗲𝘀 𝗦𝗲𝗿𝘃𝗶𝗰𝗲𝘀 | 𝗧𝗮𝗹𝗲𝗻𝘁 𝗥𝗲𝘁𝗲𝗻𝘁𝗶𝗼𝗻 There has been an increase in the number of senior managers from securities companies leaving to join the private fund industry. Several have joined existing firms, while others have established their own private fund management entities.   #chinatopfive #zbenadvisors #assetmanagement #mutualfunds #ETFs #china #financialnews

I am upgrading iShares China Large-Cap ETF to hold, expecting CCP-driven consumer confidence to boost GDP growth, corporate earnings, and stock prices. The Chinese market is better suited for trading rather than long-term investment, given its volatility compared to the S&P 500 and Nasdaq. FXI's portfolio lacks optimal exposure to domestic consumption and tech names, with a weighted upside potential of 13% to YE25 based on consensus price targets. Risks include insufficient CCP stimulus, geopolitical tensions, and potential military conflicts, which could negatively impact Chinese stocks and market confidence. Introduction As can be discerned from my previous articles and analysis on PDD Holdings (PDD), KraneShares CSI China Internet ETF (KWEB), I am not a fan of China as a long-term investment. While the Chinese Communist Party (CCP) has executed one of the world's most significant economic success stories, catapulting the nation from agrarian poverty to industrial development and wealth, the lack of checks and balances and independent rule of law make long-term investing complicated and risky as seen in the last five years. China, in my view, is successful due to the integration of state and enterprise that has benefited its population. Thus, I am upgrading iShares China Large-Cap ETF (NYSEARCA:FXI) from sell to hold as I see and expect the CCP to drive a resurgence in consumer confidence that can increase overall GDP growth but, more importantly, “corporate” earnings and valuation that should benefit stock prices and Chinese retail investors. However, the FXI portfolio does not have optimal exposure to domestic consumption, which reduced its attractiveness as a China vehicle. #investing #China #Ishares https://lnkd.in/e-A_wqPt

The long-awaited rally for the Chinese tech sector is finally here with the Chinese stock market surging this past month due to the announcement of a stimulus package during the Politburo meeting in China. What were the measures announced? How will this further affect the Chinese market? Read on to find out from ONG Xun Xiang (王勋祥), CFA, CAIA, CA, ETF Business Lead how the Lion-OCBC Securities Hang Seng TECH ETF (listed on SGX Group) is well-positioned to take advantage of the rally: https://lnkd.in/guYucuND #LionGlobalInvestors #assetmanagement #ETF #hangsengtech #OCBCSecurities #China #ChinaTech #ChineseTech #HangSengTechETF #OCBC #iOCBC #SGX

Today’s China Top Five: 💡 𝗥𝗲𝗹𝗲𝗻𝗱𝗶𝗻𝗴 𝗙𝗮𝗰𝗶𝗹𝗶𝘁𝘆 | 𝗟𝗶𝘀𝘁𝗲𝗱 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀  PBoC launched the relending program on Friday, providing financing for listed companies and their shareholders to buy back stock. More than 20 listed companies have since filed exchange announcements disclosing plans to utilize the facility which has an initial cap of RMB300bn. 💡 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝘁𝗿𝗲𝗲𝘁 𝗙𝗼𝗿𝘂𝗺 | 𝗣𝗕𝗼𝗖 At the 2024 Financial Street Forum, PBoC Governor Pan Gongsheng emphasized the need for dynamic balance in promoting high-quality and sustainable economic growth. Pan stressed that macroeconomic policy should shift from a heavy reliance on investment to a balanced focus on both consumption and investment. 💡 𝗘𝗻𝗵𝗮𝗻𝗰𝗲𝗱 𝗜𝗻𝗱𝗲𝘅 | 𝗖𝗦𝗜 𝗔𝟱𝟬𝟬 After the first batch of ETFs tracking the CSI A500 index were launched, and several new product applications were lodged, the first private fund product linked to the index has been established. The CSI A500 enhanced index private fund has been issued by Pinestone Asset. 💡 𝗤𝘂𝗮𝗻𝘁 𝗣𝗙𝗠𝘀 | 𝗛𝗶𝗴𝗵-𝗙𝗹𝘆𝗲𝗿 One of the largest domestic private fund managers, High-Flyer has informed clients that it intends to wind down its market neutral strategies. It will instead focus solely on long-only quantitative strategies, several of which follow an enhanced index approach. 💡 𝗥𝗮𝘁𝗲 𝗖𝘂𝘁 | 𝗣𝗕𝗼𝗖 The one-year and five-year LPR were both cut by 25bps. For the one-year, it was lowered from 3.35% to 3.10%; the five-year went from 3.85% to 3.60%. The previous cut to the LPR came in July.   #chinatopfive #zbenadvisors #assetmanagement #mutualfunds #ETFs #china #financialnews