China Central Bank Says Policy Floor For Commercial Personal Housing Loan Interest Rate For First Home Purchase Remains Unchanged
Portfolio Pulse from Benzinga Newsdesk
China's Central Bank has announced that the policy floor for commercial personal housing loan interest rate for first home purchases will remain unchanged.
August 31, 2023 | 12:16 pm
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The unchanged policy floor for commercial personal housing loan interest rate in China may have a neutral impact on the iShares China Large-Cap ETF (FXI).
The unchanged policy floor for commercial personal housing loan interest rate in China indicates a stable economic policy, which may not directly affect the performance of the iShares China Large-Cap ETF (FXI). However, as FXI includes large-cap Chinese companies, some of which may be involved in the housing market, there could be indirect effects.
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RELEVANCE 50