FMP
VanEck ChiNext ETF
CNXT
AMEX
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is a free-float adjusted index intended to track the performance of the 100 largest and most liquid stocks listed and trading on the ChiNext Market of the Shenzhen Stock Exchange. The index is comprised of China A-shares (“A-shares”).
22.39 USD
-3.035 (-13.56%)
Seeking Alpha
Jun 17, 2024
The People's Bank of China kept the one-year medium-term lending facility rate unchanged at 2.5% today, in line with market expectations. We believe that in conjunction with today's data releases and the start of rate cuts in other central banks such as the European Central Bank and Bank of Canada, the odds of a PBoC rate cut in the coming months have risen.
Seeking Alpha
Jun 8, 2024
Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month. So, policymakers are now stepping up support for the property sector in particular.
Seeking Alpha
Mar 27, 2024
China's near-term challenges and long-term uncertainties are plentiful, but the widespread pessimism towards the Chinese economy and markets feels excessive.
Seeking Alpha
Mar 15, 2024
The PBOC held the 1-year medium-term lending facility (MLF) rate at 2.5% in March. The PBOC remains on a dovish tilt, but depreciation pressure on the RMB limits room for monetary easing in China before global central banks start to cut rates.
Seeking Alpha
Feb 21, 2024
China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singapore and Thailand the latest to be included.
Seeking Alpha
Feb 7, 2024
Why China May Need To Do More To Boost Investor Confidence
Seeking Alpha
Feb 7, 2024
The Chinese economy is stabilising, but the only fireworks will come from the new year celebrations, which begin on February 11, as momentum remains weak. China's GDP growth for the fourth quarter rose from 4.9% year-on-year to 5.2%, bringing 2023 full-year growth to 5.2% YoY, exceeding the 5% growth target set at last year's Two Sessions.
Seeking Alpha
Jan 24, 2024
China's government is finally moving to stimulate the economy after its sluggish post-COVID reopening.
Seeking Alpha
Jan 23, 2024
Chinese stock prices have lost money in the 16 years since 2007 and are now back near 2005 levels. Chinese treasury bonds have rallied sharply as beaten-up capital capitulates out of riskier markets and back to the relative safety of government bonds.
Seeking Alpha
Oct 31, 2023
PMI data for October showed momentum in China's economy waned following recent improvements in hard activity data. By industry type, most manufacturing sectors experienced a slowdown in growth in October, though for companies that are heavy consumers of energy, activity actually declined slightly, perhaps affected by recent increases in the prices of crude energy.