U.S. Treasury Secretary Yellen Says There Is A Good Chance That We Will Go Ahead With Outbound Investment Controls On China
Portfolio Pulse from Benzinga Newsdesk
U.S. Treasury Secretary Yellen has indicated that there is a good chance the U.S. will proceed with outbound investment controls on China, according to Bloomberg.
July 17, 2023 | 12:29 pm
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NEGATIVE IMPACT
The iShares China Large-Cap ETF (FXI) could be negatively impacted by potential U.S. outbound investment controls on China.
FXI, which tracks large-cap Chinese equities, could be negatively impacted if the U.S. implements outbound investment controls on China. This could limit the ability of U.S. investors to invest in Chinese equities, potentially leading to a decrease in demand for FXI.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
The SPDR S&P 500 ETF (SPY) could experience some volatility due to potential U.S. outbound investment controls on China.
SPY, which tracks the S&P 500, could experience some volatility due to potential U.S. outbound investment controls on China. While the direct impact may be limited, the broader market sentiment could be affected, leading to potential volatility.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 60