China in trouble as economic data keeps on disappointing?
Chinese data keeps disappointing, every since the -7.5% export data from April. Expected was a strong rebound after they lifted zero-covid restrictions. But not happening.
Just this week;
Among 70 Chinese cities, 49 saw a fall in new home prices month-on-month in July from 38 cities the previous month. China suspends youth unemployment data after record high. Over the last decade they’ve halved the number of indicators they publish. Retail sales lower Industrial production lower fixed asset investments lower Simon Shares MTN (JSE code: MTN) results had an interesting update on their fintech business. reports were they would list it, but for now Mastercard has taken a stake valuing the business at ±R100billion while MTN market cap is ±R250billion. Satrix is shutting down three of the ETFs they got from Absa. They are the Volatility Managed ETFs. They two small and not core to teh Satrix startegy. If you hold them on close 29 September you'll be paid out the NAV. The three are; STXMEQ STXDEQ STXGEQ Buying the Nasdaq local or offshore? Which is better? Every time is actually different How to double your retirement fund