Podcast by Joe Weisenthal & Tracy Alloway, Odd Lots

Odd Lots

Podcast by Joe Weisenthal & Tracy Alloway

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Cross Asset Strategy

<ul><li>The episode of Big Take Asia discusses China's progress in key technologies as outlined in the Made in China 2025 plan</li><li>Bloomberg report authors Rebecca Chung Wilkins and Gerard Depippo will shed light on China's advancements in technology</li><li>China has emerged as a global leader in key sectors like solar panels, drones, and high-speed rail, according to Bloomberg analysis</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

The episode of Big Take Asia discusses China's progress in key technologies as outlined in the Made in China 2025 planBloomberg report authors Rebecca Chung Wilkins and Gerard Depippo will shed light on China's advancements in technologyChina has emerged as a global leader in key sectors like solar panels, drones, and high-speed rail, according to Bloomberg analysisThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Big Take Asia: The US Pledged to Contain China’s Tech Ambitions. It’s Not Working.

Breaking Down the Mining News of the Day, Money of Mine

Money of Mine

Breaking Down the Mining News of the Day

An ex-underground miner, an ex-investment banker, and an ex-equity research guy breaking down the mining news of the day. It's a bit of entertainment, information, and occasionally some alpha.

<ul><li>Misconception that China's stimulus was a panic move due to economic crisis</li><li>Obsession over the size of the stimulus package without considering policy approach</li><li>China aimed to boost confidence and avoid doom loop through stimulus measures, including support for the stock market</li></ul>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Misconception that China's stimulus was a panic move due to economic crisisObsession over the size of the stimulus package without considering policy approachChina aimed to boost confidence and avoid doom loop through stimulus measures, including support for the stock marketThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

Can China escape its confidence doom loop? (Shehzad Qazi)

Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Index Rebalance

KraneShares CSI China Internet ETF / Index Rebalance

<ul>
<li>Nearly US$140bn has flowed into mainland China listed ETFs year to date and there have been big creations in the last few weeks as stocks have surged.</li>
<li>97% of all inflows are in ETFs benchmarked to the <a href="https://www.smartkarma.com/entities/shanghai-shenzhen-csi-300-index" target="_blank" data-smartkarma-citation="entities:22906:1" rel="noopener">CSI300</a>, CSI1000, <a href="https://www.smartkarma.com/entities/csi-smallcap-500-index-shang" target="_blank" data-smartkarma-citation="entities:35347:1" rel="noopener">CSI500</a>, <a href="https://www.smartkarma.com/entities/shanghai-stock-exchange-sse-50-a-share-index" target="_blank" data-smartkarma-citation="entities:31073:1" rel="noopener">SSE50</a>, <a href="https://www.smartkarma.com/entities/chinext-index" target="_blank" data-smartkarma-citation="entities:25483:1" rel="noopener">ChiNext</a> and <a href="https://www.smartkarma.com/entities/sse-science-and-technology-innovation-board-50-index" target="_blank" data-smartkarma-citation="entities:29279:1" rel="noopener">STAR50</a> indices. But over US$4bn has gone into other ETFs in the last week.</li>
<li>The large ETF inflows over the last few weeks has led to index rebalance strategies underperforming in China. But that should reverse from now to rebalance implementation.</li>
</ul>


Nearly US$140bn has flowed into mainland China listed ETFs year to date and there have been big creations in the last few weeks as stocks have surged.
97% of all inflows are in ETFs benchmarked to the CSI300, CSI1000, CSI500, SSE50, ChiNext and STAR50 indices. But over US$4bn has gone into other ETFs in the last week.
The large ETF inflows over the last few weeks has led to index rebalance strategies underperforming in China. But that should reverse from now to rebalance implementation.


China ETF Inflows & Implications: YTD Inflows Nearing US$150bn

Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

<ul><li>Teachers / In Depth: Chinese teachers’ mental health crisis A recent study, which surveyed more than 550,000 teachers from preschools, primary, secondary and higher education institutions, found that between 2000 and 2022, 16.1% of Chinese teachers experienced mental health issues.</li><li>If preschool teachers, who had a far lower rate, are excluded, the figure was 17.8%.</li><li>“While mental health has gained widespread attention globally in recent years, the mental well-being of teachers has not received the focus it deserves,” said the lead researcher of the study Yu Guoliang, a professor at Renmin University of China and director of its Institute of Psychology.</li></ul>

Teachers / In Depth: Chinese teachers’ mental health crisis A recent study, which surveyed more than 550,000 teachers from preschools, primary, secondary and higher education institutions, found that between 2000 and 2022, 16.1% of Chinese teachers experienced mental health issues.If preschool teachers, who had a far lower rate, are excluded, the figure was 17.8%.“While mental health has gained widespread attention globally in recent years, the mental well-being of teachers has not received the focus it deserves,” said the lead researcher of the study Yu Guoliang, a professor at Renmin University of China and director of its Institute of Psychology.

CX Daily: How Much Fiscal Stimulus Is Needed to Jumpstart China’s Economy? 

<ul><li>China’s National Financial Regulatory Administration is urging non-bank financial institutions to improve support for businesses that want to upgrade machinery and to back programs that encourage the trade-in of consumer goods, measures that are gaining momentum in China.</li><li>The administration’s recently issued notice comes as China’s central bank has established a 500 billion yuan ($70 billion) special re-lending fund to help steer financial institutions toward improving support for technological innovation and transformation.</li><li>Now efforts are expanding to non-bank financial institutions, including insurance companies, investment firms, leasing companies and consumer finance companies, which are being urged to enhance their business models and investment to support the transition to intelligent, eco-friendly industrial developments.</li></ul>

China’s National Financial Regulatory Administration is urging non-bank financial institutions to improve support for businesses that want to upgrade machinery and to back programs that encourage the trade-in of consumer goods, measures that are gaining momentum in China.The administration’s recently issued notice comes as China’s central bank has established a 500 billion yuan ($70 billion) special re-lending fund to help steer financial institutions toward improving support for technological innovation and transformation.Now efforts are expanding to non-bank financial institutions, including insurance companies, investment firms, leasing companies and consumer finance companies, which are being urged to enhance their business models and investment to support the transition to intelligent, eco-friendly industrial developments.

China Mobilizes Non-Bank Financial Firms to Drive Industrial Upgrades  

China

iShares MSCI China ETF is an exchange-traded fund incorporated in the USA. The ETF seeks to track the performance of the MSCI China Index. The Index is a free float adjusted market cap weighted index designed to measure the performance of equity securities in the top 85% in market cap of Chinese equity markets, as represented by the A-Shares, H-Shares, B-Shares, Red Chips, & P-Chips.

iShares MSCI China ETF (MCHI US)

Big Take Asia: The US Pledged to Contain China’s Tech Ambitions. It’s Not Working.

- China's Made in China 2025 plan aims for self-sufficiency and global competitiveness in key technologies, leading to questions on US-China...

Odd Lots

Can China escape its confidence doom loop? (Shehzad Qazi)

Shahzad and colleague discuss misconceptions about China's economic crisis and stimulus measures, highlighting the importance of domestic...

Money of Mine

China ETF Inflows & Implications: YTD Inflows Nearing US$150bn

Nearly US$150bn has flowed into mainland China ETFs year to date. 97% of that has gone into ETFs tracking headline indices, but there has been...

Brian Freitas

CX Daily: How Much Fiscal Stimulus Is Needed to Jumpstart China’s Economy?

Teachers / In Depth: Chinese teachers’ mental health crisis A recent study, which surveyed more than 550,000 teachers from preschools, primary,...

Caixin Global

China Mobilizes Non-Bank Financial Firms to Drive Industrial Upgrades

China’s National Financial Regulatory Administration is urging non-bank financial institutions to improve support for businesses that want to...

Caixin Global