China Holds Politburo Meeting On Wednesday; Said Will Take Strong Measures To Prevent And Resolve Major Risks -
Portfolio Pulse from Charles Gross
China's Politburo held a meeting on Wednesday, during which it was stated that strong measures will be taken to prevent and resolve major risks, according to Reuters citing state media.
September 27, 2023 | 10:47 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
The news of China's commitment to risk mitigation could impact the iShares China Large-Cap ETF (FXI), which tracks large Chinese companies.
The news indicates China's commitment to risk management, which could influence investor sentiment towards Chinese stocks, including those in the FXI ETF. However, the specific impact will depend on the nature and effectiveness of the measures implemented.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50