China's Cabinet Announced It Passed Plans To Step Up Financing Support For Tech Firms
Portfolio Pulse from Charles Gross
China's cabinet has approved plans to increase financing support for technology firms, according to Reuters citing state media.

June 16, 2023 | 11:09 am
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China's cabinet approval of increased financing support for tech firms may positively impact the iShares China Large-Cap ETF (FXI).
The approval of increased financing support for technology firms in China may lead to a positive impact on the iShares China Large-Cap ETF (FXI), as it includes large-cap Chinese technology companies. This support could boost the performance of these companies, which in turn may lead to an increase in the value of the ETF.
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IMPORTANCE 70
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