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China Fund latest news:


  • 02/07/2018 14:01:45

    China ETFs suffer their biggest one-day drop since June 2016

    Two widely used exchange-traded funds that track China's equity market tumbled on Wednesday as liquidity concerns over the country's stock market continued to grow. The iShares China Large-Cap ETF fell 4.6% on heavy volume. More than 43 million shares traded hands, significantly higher than the fund's 18.5 million 30-day average, according to FactSet data. Another fund, the broader iShares MSCI China ETF , which doesn't limit its holdings to large-capitalization stocks, fell 3.8%. Roughly 3.8 million shares traded, compared with its 30-day average of 2.5 million. For both funds, the day's losses represented their biggest one-day percentage decline since June 2016, when equities around the world sold off in the wake of the United Kingdom's vote to leave the European Union. Despite the losses on the day, the large-cap fund remains up 4.8% thus far this year, while the broader ETF is up 2.6%. The losses came after China's central bank took no action in money markets for a 10th straight day Wednesday. The lack of fresh funds usually forces highly leveraged funds to sell stocks to stay within regulatory limits on liquidity, analysts said. Similarly, the iShares MSCI Hong Kong ETF fell 2.2% on Wednesday and turned lower for the year. The S&P 500 fell 0.5% on Wednesday and is up 0.7% on the year. The Dow Jones Industrial Average dipped 0.1%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 02/06/2018 21:37:36

    BRIEF-Cosmo Lady China Says Unit ‍To Establish Fund With JD Century & Li Guo Cheng

    Cosmo Lady China Holdings Co Ltd : * UNIT ‍TO ESTABLISH FUND WITH JD CENTURY & LI GUO CHENG; TARGET SIZE OF COOPERATION FUND IS RMB1​ BILLION. * COSMO LADY GUANGDONG TO COMMIT RMB250 MLN AND JD CENTURY TO COMMIT RMB100 MLN Source text for Eikon: Further company coverage:

  • 11/26/2017 18:52:00

    PRESS DIGEST- Financial Times - Nov 27

    The following are the top stories in the Financial Times. Headlines. Big pharma to unveil 1 bln stg boost for May's post-Brexit vision http://on.ft.com/2jq88cH. Meredith and Koch brothers buy Time Inc (TIME) in $2.8 bln deal http://on.ft.com/2joYjvR. ChemChina's chief dealmaker joins Beijing fund http://on.ft.com/2jqeMjo. Overview.

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