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Global X Debuts China Bonds ETF (CHNB)
November 20, 2014 at 09:00 AM EST
Wall Street started off the week on a relatively positive note, with the S&P 500 managing to log in a record close. Though Tuesday saw another day of record closes by the S&P 500 and the Dow, equities cooled off from highs by Wednesday in anticipation of the Federal Reserve’s minutes release. In economic news, the Commerce Department announced yesterday that housing starts fell 2.8% in October, while building permits rose 4.8%. Analysts expected a 0.8% rise in housing starts and a 0.6% rise in building permits. Meanwhile in ETF news, this week the industry saw one new launch from Global X, which offers investors unique access to the Chinese fixed income market [see also ETF issuer Solutions Welcomes Industry Newcomers]. Chinese Onshore Bonds Global X’s GF China Bonds ETF (CHNB) is the first fund to offer investors direct access to China’s onshore bond market. Until recently, the Chinese onshore fixed income market had been […] Click here to read the original article on ETFdb.com. Related Posts: No Related Posts
Wall Street started off the week on a relatively positive note, with the S&P 500 managing to log in a record close. Though Tuesday saw another day of record closes by the S&P 500 and the Dow, equities cooled off from highs by Wednesday in anticipation of the Federal Reserve’s minutes release. In economic news, the Commerce Department announced yesterday that housing starts fell 2.8% in October, while building permits rose 4.8%. Analysts expected a 0.8% rise in housing starts and a 0.6% rise in building permits. Meanwhile in ETF news, this week the industry saw one new launch from Global X, which offers investors unique access to the Chinese fixed income market [see also ETF issuer Solutions Welcomes Industry Newcomers]. Chinese Onshore Bonds Global X’s GF China Bonds ETF (CHNB) is the first fund to offer investors direct access to China’s onshore bond market. Until recently, the Chinese onshore fixed income market had been […]
