External broker reports(aggregated public sources), ABN AMRO

ABN AMRO

ABN AMRO is a personal bank in the digital age. A bank committed to playing a serious role in society. This digital age helps us to bring banking ever closer to our clients and what they need. Our areas of focus are inclusion, sustainability, social entrepreneurship, innovation, daily banking and more. Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

External broker reports(aggregated public sources)

China Economics: Third Plenum Fails To Move The Dial Despite Growth Headwinds

China Economics: Not Much Progress in Cyclical Recovery

China: Growth Inevitably Set to Flag as All Monetary Easing Proves Inefficacious

Macroeconomics

<ul><li>China Macro: Slowdown in quarterly growth as expected, annual growth disappoints</li><li>Monthly activity data for June also weaker on balance</li><li>PBoC on hold, as expected; weak data increase likelihood of more support</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

China Macro: Slowdown in quarterly growth as expected, annual growth disappointsMonthly activity data for June also weaker on balancePBoC on hold, as expected; weak data increase likelihood of more supportContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

China - Weak data, the PBoC and the Third Plenum