China's Central Bank Announced It Has Extended Policies To Support The Stable And Healthy Development Of Real Estate Markets Until The End Of 2024, Encouraging Financial Institutions And Real Estate Enterprises To Negotiate Independently
Portfolio Pulse from Charles Gross
China's Central Bank has extended policies to support the stable and healthy development of real estate markets until the end of 2024. This encourages financial institutions and real estate enterprises to negotiate independently.
July 10, 2023 | 11:36 am
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POSITIVE IMPACT
The extension of China's Central Bank's policies to support the real estate market until 2024 may have a positive impact on the iShares China Large-Cap ETF (FXI), which includes real estate companies.
The extended support from China's Central Bank for the real estate market could lead to a more stable and healthy development of the sector. This could positively impact the companies within the sector, some of which are included in the iShares China Large-Cap ETF (FXI). Therefore, the ETF could see a positive impact in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 75