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iShares China Large-Cap ETF (FXI)

  • May 12, 2012, 4:11 PM
    Asia's closer to getting on board the regional trade pact bus, as Japan's Prime Minister Yoshihiko Noda boards a flight to Beijing and says he'll speed up negotiations on a trade structure with China and South Korea. The so-called FTA would match up in size with NAFTA and the EU.
    | May 12, 2012, 4:11 PM | 4 Comments
  • May 11, 2012, 11:32 AM
    Taking a look at the recent macro data from China (the latest being last night's IP number), the Also Sprach Analyst suggests the bears have been wrong for not being bearish enough. A late Q1 stabilization in the economic slowdown came and went, and the April data has all been bad. Only slowing inflation - giving room for easier monetary policy - is a positive.
    | May 11, 2012, 11:32 AM | Comment!
  • May 10, 2012, 2:16 AM
    China's trade data showed surprising weakness, with its trade surplus widening to $18.4B in April from $5.4B in March. Exports were up 4.9% (vs. 8.5% consensus) and imports were up just 0.3% (vs. 11% consensus). It's "a wake-up call for policy makers to do more to stimulate domestic demand, and is likely to lead to further elevated fiscal spending and monetary easing," according to a Credit Agricole note.
    | May 10, 2012, 2:16 AM | 2 Comments
  • May 8, 2012, 3:01 PM
    China's Communist party may delay by several months its 5-year Congress. One well-connected U.S. investor offers up 2 reasons, neither terribly positive for markets: 1. Leadership is in turmoil as entrenched powers fight off the reformers. 2. The party is having a difficult time dealing with economic challenges currently underway.
    | May 8, 2012, 3:01 PM | Comment!
  • May 8, 2012, 10:02 AM
    A 41% Q1 plunge in nationwide excavator sales is taking a toll on Sany Heavy Industry - China's largest maker of the equipment - even as it takes market share from the likes of CAT. The company's VP warns the sluggish construction market may force the firm to cut its sales target (+41% Y/Y).
    | May 8, 2012, 10:02 AM | 6 Comments
  • May 2, 2012, 7:46 AM
    China's two main stock exchanges will lower transaction fees on equity trades by about 25% effective June 1, seemingly another step by Beijing to direct investment dollars into common stocks. Shanghai +1.8% to a 7-week high, led by the brokerages.
    | May 2, 2012, 7:46 AM | Comment!
  • May 2, 2012, 3:15 AM
    China's factory activity cooled for the sixth consecutive month in April, but at a slower pace, suggesting conditions are stabilizing. HSBC's PMI rose to 49.3, up slightly from the 49.1 flash reading and above March's 48.3. (previously)
    | May 2, 2012, 3:15 AM | 2 Comments
  • May 1, 2012, 10:10 PM
    "Why did 10-year Treasurys yield 14% under the vice-like grip of iron-man Volcker, but yield just 1.8% under ... Weimar-like Bernanke," asks Hugh Hendry, defining his weapons in the global macro business as irony and paradox. Hendry's latest investor letter describes China's epic, credit-fueled binge, and why the crisis that started in the U.S. and moved to Europe, is about to end in Asia - and how he's playing it by buying CDS on Japanese corporations.
    | May 1, 2012, 10:10 PM | 6 Comments
  • Apr. 30, 2012, 11:19 PM
    China's official April PMI rises to 53.3 vs. expectations of 53.5 and 53.1 previously. The print is well above last week's HSBC "flash" PMI of 49.1 (HSBC's final April read will be released tomorrow).
    | Apr. 30, 2012, 11:19 PM | 2 Comments
  • Apr. 27, 2012, 7:55 PM
    U.S. and European manufacturers are racking up weak performance in China as growth slows to its lowest level in three years, and the government is attacking the problem in a way that only China can: by pushing its expansion policy into the interior. As the coastal markets mature and struggle with a glut of housing and commercial space, companies are now looking at expanding inland, where the clampdown on the housing market isn't so tight.
    | Apr. 27, 2012, 7:55 PM | 4 Comments
  • Apr. 27, 2012, 5:03 AM
    China's industrial profits rose 4.5% in March, recovering from a January-February decline, and were down 1.3% Y/Y for the quarter.
    | Apr. 27, 2012, 5:03 AM | Comment!
  • Apr. 26, 2012, 7:35 AM
    Included in Volvo's (VOLVY.PK) mostly upbeat earnings report, is an expected 15-25% drop in the market for construction equipment in China. The company had previously guided for a flat 2012 in China. Volvo becomes the 3rd heavy equipment maker in 2 days to warn on slowing in China.
    | Apr. 26, 2012, 7:35 AM | Comment!
  • Apr. 25, 2012, 9:36 AM
    One more from Caterpillar earnings: A lot of the China slowdown talk has been waved off as little more than skewed data owing to the timing of the Chinese holidays. It may be of interest to note CAT saying, "demand in China remained weak after the Chinese New Year, and we now expect the overall machine industry to decline slightly this year." (PR) (h/t Mike Bergen)
    | Apr. 25, 2012, 9:36 AM | 1 Comment
  • Apr. 25, 2012, 8:57 AM
    The ABB earnings presentation sounds a lot like Caterpillar earnings, where weakness in China is being offset by strength in North America. ABB's order book in China is off 35% Y/Y, up 16% in the U.S. SEB notes the company saying it's uncertain when Chinese demand will recover vs. previously saying it appeared Chinese growth was returning. (earnings)
    | Apr. 25, 2012, 8:57 AM | 3 Comments
  • Apr. 25, 2012, 7:45 AM
    More on Caterpillar (CAT): The company raises its full year profit outlook to $9.50/share while maintaining revenue at $68-$72B. The bears, however, are likely to pounce on "slowing in China and Brazil," mentioned early and often by CEO Doug Oberhelman. Shares -1.8% premarket. (PR)
    | Apr. 25, 2012, 7:45 AM | Comment!
  • Apr. 23, 2012, 3:23 PM
    Where's the rally, asks Scotty Barber, who notes the BRICs - during periods when their central banks are cutting rates - outperform developed markets. Brazil's 75 point cut (with more to come) was the loudest move, but policy is easing in the others as well. As of yet there's been no rally in either absolute or relative terms.
    | Apr. 23, 2012, 3:23 PM | Comment!
FXI Description
The iShares FTSE China 25 Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the FTSE China 25 Index.
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Country: China
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