In today’s briefing:
- Saudi Arabia: Takes Underweight Crown from China
- CX Daily: Chinese Firms Bending Over Backward to Offer Foldable Phones
- CX Daily: China Vows to Keep Markets Stable and Resolve Property Risks
Saudi Arabia: Takes Underweight Crown from China
- Saudi Arabia overtakes China is the largest country underweight among EM active investors.
- Despite exposure among active managers reaching all-time highs and new funds entering the market, index weights are outpacing active increases.
- Nearly 3/4 of the 246 funds in our analysis are still without Saudi Arabia exposure. In our view, the rising ownership trend has a long way to run.
CX Daily: Chinese Firms Bending Over Backward to Offer Foldable Phones
In Depth: Chinese firms bending over backward to offer foldable phones
Shanghai says no plan to seal off entire city of 25 million
Chinese stocks get another drubbing as uncertainty overwhelms investors
CX Daily: China Vows to Keep Markets Stable and Resolve Property Risks
In Depth: Market realities frustrate China’s efforts to clean up developer debt
China vows to keep markets stable and resolve property risks
U.S. accounting watchdog says it’s working with China on audit dispute
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