US Senate Backs Measure Requiring Reporting On China Tech Investments
Portfolio Pulse from Benzinga Newsdesk
The US Senate has backed a measure that requires reporting on Chinese technology investments. This move could potentially affect the performance of ETFs like FXI and SPY, which have exposure to Chinese companies.
July 26, 2023 | 8:48 am
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NEGATIVE IMPACT
The measure requiring reporting on Chinese tech investments could potentially affect the performance of the FXI ETF, which has exposure to Chinese companies.
The FXI ETF has exposure to Chinese companies. The new measure requiring reporting on Chinese tech investments could potentially affect the performance of these companies, and consequently, the performance of the FXI ETF.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The measure requiring reporting on Chinese tech investments could potentially affect the performance of the SPY ETF, which has exposure to Chinese companies.
The SPY ETF has exposure to Chinese companies. The new measure requiring reporting on Chinese tech investments could potentially affect the performance of these companies, and consequently, the performance of the SPY ETF.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70