'Rare Earths Magnet Firms Turn To Vietnam In China Hedge' - Nasdaq
Portfolio Pulse from Happy Mohamed
Rare earth magnet companies are turning to Vietnam as a hedge against China. This move is due to the ongoing trade war between the US and China, which has led to increased tariffs and uncertainty in the market.
August 22, 2023 | 2:46 pm
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POSITIVE IMPACT
The VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) could potentially benefit from the shift of rare earth companies to Vietnam, as it may lead to increased diversity and stability in the ETF.
The shift of rare earth companies to Vietnam could lead to increased diversity and stability in the VanEck Vectors Rare Earth/Strategic Metals ETF (REMX), which could potentially benefit the ETF's performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
The VanEck Vectors Vietnam ETF (VNM) could potentially benefit from the shift of rare earth companies to Vietnam, as it may lead to increased investment and growth in the Vietnamese market.
The shift of rare earth companies to Vietnam could lead to increased investment and growth in the Vietnamese market, which could potentially benefit the VanEck Vectors Vietnam ETF (VNM).
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
The iShares China Large-Cap ETF (FXI) could be negatively impacted by the shift of rare earth companies to Vietnam, as it may lead to a decrease in the value of Chinese rare earth companies.
The shift of rare earth companies to Vietnam could lead to a decrease in the value of Chinese rare earth companies, which are part of the iShares China Large-Cap ETF (FXI). This could negatively impact the ETF's performance.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70