TrackInsight: Negative returns from Chinese All Cap Stocks

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03/15/2019 | 04:23 pm
Chinese stocks market was hit by the latest data of China’s unemployment rate in urban areas, higher than initially expected. ETFs exposed…

Chinese stocks market was hit by the latest data of China’s unemployment rate in urban areas, higher than initially expected. ETFs exposed to Chinese stocks indices lost on average 2.51% on Thursday, March 14th. Despite the slowdown, the cumulated return year-to-date remains largely positive, at +35%. Indeed, key indicators like loan approvals via the BoC Loan Approval Index (12m advanced), suggest a rebound in China’s economic activity. However, in these uncertain times, investors withdrawn approximately $ 500 M from the primary market. The Chinese All Caps stocks segment gathers 15 ETF, exposed to 11 different indices for a total of € 2.9 Bn of assets under management.

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