NYSEARCA:MCHI

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$55.98
-1.21 (-2.12%)
At Close: Jun 03, 2026
In the morning, the PBOC cut the 7-day repo rate by 20 basis points and increased liquidity in the financial system which is a very strong suggestion that the loan prime rate (LPR) will be cut in two
Chinese internet stocks generally had a good rally, spurred by the global coordination of economic rescue packages. Surveys and big data revealed that Chinese c

China jumps on the easing bandwagon

08:44am, Monday, 30'th Mar 2020
The PBOC unexpectedly cut the rate on reverse repo agreements by 20 bps to 2.20% overnight, relieving pressure on an economy ravaged by COVID-19 and injecting 50B yuan ($7.1B) into the banking system.
In less than three days, we've moved from the fastest-ever bear market to the fastest-ever bull market. That's absurd! If this bounce continues a bit further, w

China reopens province where it all began

10:13am, Sunday, 29'th Mar 2020
Interestingly enough, China's civil aviation regulator on Sunday reopened domestic flights and most checkpoints in the province of Hubei, where the coronavirus first emerged last December.Flights to a
AAC Technology was the day’s worst performer -4.39%/-3.5 index points with Macau’s Galaxy Entertainment -3.72%.

Chinese factory profits slump most on record

08:56am, Friday, 27'th Mar 2020
Investors may have been reminded that the world economy isn't in great shape as China reported a huge tumble in factory profits for the first two months of the year - down 38.3% Y/Y to 410.7B yuan ($5

Country ETFs’ Drawdowns And Rebounds

05:34am, Friday, 27'th Mar 2020
The COVID-19 pandemic has impacted equity markets around the globe. The equity markets of all the major global economies are all well off their 52-week highs
Hong Kong was off in quiet session despite its February exports rising +4.3% versus estimates of -20% (as Bob Uecker said in the movie Major League “Just a bit outside!”)
The company reported positive China results as consumers shifted from buying in stores to online.
In a poll of 119 U.S. companies conducted in mid-March by the American Chamber of Commerce in China, only 22% of the companies surveyed said they've resumed normal business operations, while a quarter
The coronavirus outbreak seems to be slowing down in the world's second largest economy.
The coronavirus outbreak seems to be slowing down in the world's second largest economy.

China: The Global 'Safer Haven'

09:37pm, Tuesday, 24'th Mar 2020
China is the global equity safer-haven, first in and first out of the COVID crisis, with a restarting economy, further macro-policy flexibility, discounted equi
Key News Asian equities cheered the Fed’s decisive action to shore up the financial system’s plumbing and particularly the fixed income market by buying bonds.
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