China's Market Regulator Reported That It Held A Meeting With Individual Businesses To Discuss Their Operational Difficulties, While Committing To Improve Targeted Support And Promote The Sustainable And Healthy Development Of Individual Industrial And Commercial Enterprises
Portfolio Pulse from Charles Gross
China's market regulator has held a meeting with individual businesses to discuss their operational difficulties. The regulator has committed to improve targeted support and promote the sustainable and healthy development of individual industrial and commercial businesses.
July 12, 2023 | 9:17 am
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POSITIVE IMPACT
The news of China's market regulator committing to improve support for individual businesses may have a positive impact on the iShares China Large-Cap ETF (FXI), which tracks the performance of large-cap Chinese equities.
The news indicates a supportive regulatory environment for businesses in China. This could lead to improved performance of Chinese companies, which would be beneficial for the iShares China Large-Cap ETF (FXI) as it tracks the performance of large-cap Chinese equities.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70