MCHI

Asia markets mixed tracking decline in global markets, investors focus on earnings

Asia markets mixed tracking decline in global markets, investors focus on earnings in China. Bank of Japan kicks off its two-day monetary policy meeting today. South Korea's economy expanded 3.4% in the first quarter from a year ago. In the U.S., all three major indexes ended little changed on Wednesday. The yen weakened to 34-year lows against the dollar.

FLCH: The Lowest-Cost Play On China's Revival

Franklin FTSE China ETF (FLCH) continues to stand out as an ultra-low-cost play on China's revival. The fund's top sector exposure remains tech-heavy with a strong tilt to China's big tech names. China's recent corporate governance reforms and push for capital returns are positive for Chinese stocks. FLCH is the lowest-cost China play with a fee structure 40bps below the MSCI China.

Asia markets rise tracking global markets as strong corporate earnings boost sentiment

Asia markets rise tracking global markets as strong corporate earnings boost sentiment. U.S. Stock futures climb higher on Wednesday as investors react to corporate earnings reports. On Tuesday, all three major indexes in the US ended higher. Investors continue to monitor geopolitical developments in the Middle East.

UBS Upgrades China Stocks Amid 'Valuation Collapse': What Investors Need to Know

UBS Group AG has lifted its recommendation on a key Chinese stock index to Overweight. Analyst cites resilient earnings as a beacon of hope in an otherwise turbulent market. UBS has issued a downgrade for Taiwan and South Korea markets to Neutral. Chinese equities have shown signs of resilience in recent months.

Asia markets mostly rise tracking a tech-led rebound on Wall Street, focus on busy earnings week

Asia markets mostly rise tracking a tech-led rebound on Wall Street, focus on busy earnings week. Japan's yen hits new 34-year lows against the dollar. China created 3.03 million new urban jobs in the first quarter of 2024. In the U.S., on Monday, all three major indexes rebounded from their worst week of the year.

Weekly Report: what happened at MCHI last week (0415-0419)?

Asian markets mostly higher after China keeps lending rate unchanged

Asian markets mostly higher after China keeps lending rate unchanged in April. Japan's yen hovered 34-year lows around 154.7 per dollar. Indonesia's trade surplus increased to $4.47B in March 2024. U.S. Stock futures rose on Monday.

PBOC leaves benchmark rates unchanged in April

PBOC leaves benchmark rates unchanged in April. The 1-year loan prime rate was maintained at 3.45%. The decision came after the economy grew more than expected in Q1 of 2024. In China, the PBOC left key lending rates unchanged at the April fixing.