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10 Nov 2024

China Unveils Rmb10 trillion Local Government Debt Swap Program

After the conclusion of the much-anticipated NPC Standing Committee Meeting on November 8, Central Government hosted a press conference and announced details of fiscal stimulus. NPC approved Rmb10trillion local government… By Jeff Huang, Lizzy Liu

7 Nov 2024

Trump Wins
How to Position Using Global X ETFs?

On November 5 after HK market close, Donald Trump claimed victory in the US Presidential Election, and Republicans wins a majority in the Senate. Tariff hikes, deregulation, and US Corporate… By Jeff Huang, Lizzy Liu

4 Nov 2024

BYD 3Q24 Results
Solid Beat on Profitability

BYD reported solid 3Q24 results on October 30 after market. 3Q24 revenue was Rmb201.1bn, +24.0% YoY and +14.2% QoQ. Notably, BYD’s quarterly revenue tops Tesla for the first time and… By Jeff Huang

31 Oct 2024

US Presidential Election
Implications on China Market

US Presidential Election is less than one week away. Current prediction markets show higher probability for a Trump Victory (66%) and Republican Sweep (49%), yet we note that both directions… By Jeff Huang, Lizzy Liu

22 Oct 2024

CATL 3Q24 Results Beat With Robust Outlook Ahead

CATL reported solid 3Q24 results on 18 Oct after market. Net profit of Rmb13bn was +26% YoY. Excluding the one-off asset impairment of Rmb4.7bn, CATL’s 3Q24 core earnings implied c.30%… By Jeff Huang

8 Oct 2024

Further Policy Rollouts to Support Market Rebound

NDRC to Brief Policy Stimulus Details on 8 Oct Press Conference The strong China market rally has been bolstered by the significant policy pivot as announced by PBOC and other… By Lizzy Liu, Jeff Huang

19 Sep 2023

Monthly Commentary on Key Themes – Sept 2023

[2845/9845] Global X China EV & Battery ETF Battery production to grow in July: According to the China Automotive Battery Innovation Alliance (CABIA), China’s power battery installation reached 32.2GWh in… By Global X Research

17 Aug 2023

Monthly Commentary on Key Themes – Aug 2023

[2845/9845]  Global X China EV & Battery ETF According to the China Passenger Car Association (CPCA) data, the July China passenger car vehicle wholesale volume was 2.10mn units (-4.3% MoM/… By Global X Research

18 Mar 2024

China is Taking a Step Towards Boosting Consumer Goods

On March 13, 2024, the China State Council unveiled new guidelines aimed at encouraging the trade-in of consumer goods in the automotive, home appliance, and furnishings sectors. As per the… By Global X Team

14 Mar 2024

China Market Rally

Investor sentiment towards Chinese stocks has gradually improved since the beginning of the year, and many investment themes are showing signs of rebound. Recently, China’s February CPI data achieved positive… By Global X Team

29 Feb 2024

NVIDIA’s Quarterly Revenue

On February 22, Nvidia reported its latest quarterly earnings, surpassing market expectations and once again showcasing its dominance in the emerging AI chip industry. The Global X Innovative Bluechip Top… By Global X Team

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