China's Politburo Plans To Adjust And Optimize Property Policies At An Appropriate Time To Promote Sound And Stable Development Of The Property Market And Meet The Demands Of Rigid And Improving Housing Needs
Portfolio Pulse from Charles Gross
China's Politburo plans to adjust and optimize property policies at an appropriate time to promote sound and stable development of the property market and meet the demands of rigid and improving housing needs.
July 24, 2023 | 9:21 am
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NEUTRAL IMPACT
China's planned property policy adjustments could impact the iShares China Large-Cap ETF (FXI), which includes companies in the real estate sector.
The planned adjustments to China's property policies could have a neutral impact on FXI in the short term. While policy changes could potentially disrupt the real estate market, the Politburo's aim to promote stable development suggests that they will likely be careful to avoid causing significant market instability. Therefore, the impact on FXI, which includes real estate companies, is uncertain at this time.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 75