Reuters Reported Earlier, China Commerce Ministry, On U.S. Executive Order Restricting Foreign Investment Announced We Are Making Comprehensive Assessment And Will Adopt Necessary Measures Based On Assessment Results
Portfolio Pulse from Charles Gross
China's Commerce Ministry is making a comprehensive assessment of the U.S. executive order restricting foreign investment and will adopt necessary measures based on the assessment results.
August 17, 2023 | 10:14 am
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NEGATIVE IMPACT
The U.S. executive order restricting foreign investment could impact the iShares China Large-Cap ETF (FXI).
The U.S. executive order restricting foreign investment could lead to a decrease in the value of Chinese companies, which would negatively impact the iShares China Large-Cap ETF (FXI).
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
The U.S. executive order restricting foreign investment could impact the SPDR S&P 500 ETF (SPY).
The U.S. executive order restricting foreign investment could lead to a decrease in the value of U.S. companies with significant exposure to China, which would negatively impact the SPDR S&P 500 ETF (SPY).
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60