China central bank hikes foreign reserve requirement for 1st time in 5 years
Published . Updated .
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PBOC looks to check yuan's appreciation, guard against economic headwinds
Directly affected
- No company is named in this report.
Indirectly affected
- FXI iShares China Large-Cap ETF-2.8% 30d
iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”).
- CEW WisdomTree Emerging Currency Strategy Fund
WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from China.
- EMB iShares J.P. Morgan USD Emerging Markets Bond ETF+0.3% 6d
iShares J.P. Morgan USD Emerging Markets Bond ETF holds emerging-market government bonds, which react to inflation and interest-rate news like this one in China
- EMLC VanEck J.P. Morgan EM Local Currency Bond ETF-0.9% 30d
VanEck J.P. Morgan EM Local Currency Bond ETF holds emerging-market bonds in local currencies, which move with rate and currency news like this from China.
- EEM iShares MSCI Emerging Markets ETF-2.1% 12d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes China
- BABA Alibaba Group Holding-8.2% 10d
Alibaba Group Holding (business services) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.
- NTES NetEase
NetEase (prepackaged software) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.
- JD JD.com+1.7% 6d
JD.com (retail stores) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| FXI | +3.46% | +1.27% | base | after close | after close | after close | after close |
| CEW | +0.00% | +0.00% | base | after close | after close | after close | after close |
| EMB | +1.52% | +0.99% | base | after close | after close | after close | after close |
| EMLC | +1.64% | +0.57% | base | after close | after close | after close | after close |
| EEM | +0.18% | +1.84% | base | after close | after close | after close | after close |
| BABA | +11.61% | +7.54% | base | after close | after close | after close | after close |
| NTES | +6.15% | -0.07% | base | after close | after close | after close | after close |
| JD | +1.68% | -0.25% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
China central bank hikes foreign reserve requirement for 1st time in 5 years Nikkei Asia
Source: Nikkei Asia
This story
| Company | When | Move | Status |
|---|---|---|---|
| BABA | three days earlier | +7.54% | final price |
| BABA | five days earlier | +11.61% | final price |
| CEW | three days earlier | 0.00% | final price |
| CEW | five days earlier | 0.00% | final price |
| EEM | three days earlier | +1.84% | final price |
| EEM | five days earlier | +0.18% | final price |
| EMB | three days earlier | +0.99% | final price |
| EMB | five days earlier | +1.52% | final price |
| EMLC | three days earlier | +0.57% | final price |
| EMLC | five days earlier | +1.64% | final price |
| FXI | three days earlier | +1.27% | final price |
| FXI | five days earlier | +3.46% | final price |
| JD | three days earlier | -0.25% | final price |
| JD | five days earlier | +1.68% | final price |
| NTES | three days earlier | -0.07% | final price |
| NTES | five days earlier | +6.15% | final price |
This story
12 out of 100
“China central bank hikes foreign reserve requirement for 1st time in 5 years” scores 12 out of 100. The score uses 1 sources.