Reported Earlier, China Industrial Production Year to Date (YoY) For September 5.8% Vs. 5.8% Prior
Portfolio Pulse from Benzinga Newsdesk
China's industrial production year-to-date for September remained steady at 5.8%, matching the previous period's growth rate. This stability in industrial output may influence investor sentiment towards Chinese markets.
October 18, 2024 | 5:00 am
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NEUTRAL IMPACT
The iShares China Large-Cap ETF (FXI) may experience stable investor sentiment due to China's industrial production growth remaining steady at 5.8% YoY for September.
The stability in China's industrial production growth suggests a steady economic environment, which could lead to stable investor sentiment towards FXI. However, without significant growth or decline, the immediate impact on FXI's price is likely neutral.
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