Tan Kefei Says Chinese People's Liberation Army Will Take Decisive And Effective Measures To Protect China's Sovereignty & Territorial Integrity Tan Said
Portfolio Pulse from Happy Mohamed
Tan Kefei, a representative of the Chinese People's Liberation Army, has stated that the army will take decisive and effective measures to protect China's sovereignty and territorial integrity, according to Reuters citing XINHUA.
July 27, 2023 | 4:41 pm
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POSITIVE IMPACT
The statement by the Chinese People's Liberation Army may increase investor confidence in China's commitment to its sovereignty, potentially benefiting the iShares China Large-Cap ETF (FXI).
The statement by the Chinese People's Liberation Army may increase investor confidence in China's commitment to its sovereignty. This could potentially benefit the iShares China Large-Cap ETF (FXI), which tracks the investment results of an index composed of large-capitalization Chinese equities.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
The statement by the Chinese People's Liberation Army may increase tensions in the region, potentially affecting the performance of the iShares MSCI Taiwan ETF (EWT).
The statement by the Chinese People's Liberation Army may escalate tensions in the region, which could lead to increased volatility in the markets. This could negatively impact the performance of the iShares MSCI Taiwan ETF (EWT), which tracks the investment results of an index composed of Taiwanese equities.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The statement by the Chinese People's Liberation Army may increase geopolitical tensions, potentially affecting the performance of the SPDR S&P 500 ETF (SPY).
The statement by the Chinese People's Liberation Army may escalate geopolitical tensions, which could lead to increased volatility in the global markets. This could negatively impact the performance of the SPDR S&P 500 ETF (SPY), which tracks the investment results of an index composed of large-capitalization U.S. equities.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60