Geopolitics Alpha

China's Central Bank Raises FX Deposit Reserve Ratio by 2 Percentage Points, Freezing About $25 Billion to Curb One-Way Yuan Appreciation

Published . Updated .

Key takeaways

  • Exposed: FXI, CEW, EMB, EMLC, EEM
  • Market reaction: FXI +0.2% on the day (still updating); JD +3.1% on the day (still updating); BABA −0.8% on the day (still updating)

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GEOPOLITICS ALPHAChina's Central Bank Raises FXDeposit Reserve Ratio by 2Percentage Points, Freezing About…GEOPOLITICS ALPHA

This report is about China.

Directly affected

  • No company is named in this report.

Indirectly affected

  • FXI iShares China Large-Cap ETF-5.1% 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-1.9% 10d

    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-2.9% 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-0.0% 30d

    iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes China

  • BABA Alibaba Group Holding-8.3% 16d

    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-2.8% 8d

    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

TickerT-5T-3T-1T0T+1T+2T+3
FXI-2.20%-1.54%base+0.24%after closeafter closeafter close
CEW+0.00%+0.00%baseafter closeafter closeafter closeafter close
EMB+0.14%+0.50%base-0.28%after closeafter closeafter close
EMLC+0.39%+0.39%base-0.20%after closeafter closeafter close
EEM+2.27%+2.65%base+0.38%after closeafter closeafter close
BABA-1.29%-1.96%base-0.78%after closeafter closeafter close
NTES-1.20%-2.92%base+0.64%after closeafter closeafter close
JD-2.83%-2.55%base+3.12%after closeafter closeafter 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's Central Bank Raises FX Deposit Reserve Ratio by 2 Percentage Points, Freezing About $25 Billion to Curb One-Way Yuan Appreciation finance.biggo.com

Source: finance.biggo.com

Price since this story was published: Ishares China Large-Cap Etf (FXI)

CompanyWhenMoveStatus
Alibaba Group Holding (BABA)that day-0.78%still updating
Alibaba Group Holding (BABA)three days earlier-1.96%final price
Alibaba Group Holding (BABA)five days earlier-1.29%final price
Wisdomtree Tr (CEW)three days earlier0.00%final price
Wisdomtree Tr (CEW)five days earlier0.00%final price
Ishares Tr (EEM)that day+0.38%still updating
Ishares Tr (EEM)three days earlier+2.65%final price
Ishares Tr (EEM)five days earlier+2.27%final price
Ishares Tr (EMB)that day-0.28%still updating
Ishares Tr (EMB)three days earlier+0.50%final price
Ishares Tr (EMB)five days earlier+0.14%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)that day-0.20%still updating
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)three days earlier+0.39%final price
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC)five days earlier+0.39%final price
Ishares China Large-Cap Etf (FXI)that day+0.24%still updating
Ishares China Large-Cap Etf (FXI)three days earlier-1.54%final price
Ishares China Large-Cap Etf (FXI)five days earlier-2.20%final price
JD.com (JD)that day+3.12%still updating
JD.com (JD)three days earlier-2.55%final price
JD.com (JD)five days earlier-2.83%final price
NetEase (NTES)that day+0.64%still updating
NetEase (NTES)three days earlier-2.92%final price
NetEase (NTES)five days earlier-1.20%final price

Congressional trades in Ishares China Large-Cap Etf (FXI) around 3 Nov 2026

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Ishares China Large-Cap Etf (FXI)

Companies carried with this story

  • FXI Ishares China Large-Cap Etf

    In “China's Central Bank Raises FX Deposit Reserve Ratio by 2 Percentage Points, Freezing About $25 Billion to Curb One-Way Yuan Appreciation,” Ishares China Large-Cap Etf (FXI) is linked, with no stored direction, medium confidence. Reason on file: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)

  • CEW Wisdomtree Tr

    In “China's Central Bank Raises FX Deposit Reserve Ratio by 2 Percentage Points, Freezing About $25 Billion to Curb One-Way Yuan Appreciation,” Wisdomtree Tr (CEW) is linked, with no stored direction, medium confidence. Reason on file: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from China

  • EMB Ishares Tr

    For “China's Central Bank Raises FX Deposit Reserve Ratio by 2 Percentage Points, Freezing About $25 Billion to Curb One-Way Yuan Appreciation,” Ishares Tr (EMB) is linked, with no stored direction, medium confidence. Reason on file: 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

    For “China's Central Bank Raises FX Deposit Reserve Ratio by 2 Percentage Points, Freezing About $25 Billion to Curb One-Way Yuan Appreciation,” Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence. Reason on file: 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 Tr

    For “China's Central Bank Raises FX Deposit Reserve Ratio by 2 Percentage Points, Freezing About $25 Billion to Curb One-Way Yuan Appreciation,” Ishares Tr (EEM) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes China

  • BABA Alibaba Group Holding

    For “China's Central Bank Raises FX Deposit Reserve Ratio by 2 Percentage Points, Freezing About $25 Billion to Curb One-Way Yuan Appreciation,” Alibaba Group Holding (BABA) is linked, with no stored direction, medium confidence. Reason on file: 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

    For “China's Central Bank Raises FX Deposit Reserve Ratio by 2 Percentage Points, Freezing About $25 Billion to Curb One-Way Yuan Appreciation,” NetEase (NTES) is linked, with no stored direction, medium confidence. Reason on file: 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

    JD.com (JD) is linked, with no stored direction, medium confidence in the 3 Nov 2026 story “China's Central Bank Raises FX Deposit Reserve Ratio by 2 Percentage Points, Freezing About $25 Billion to Curb One-Way Yuan Appreciation.” Reason on file: JD.com (retail stores) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares

Ishares China Large-Cap Etf (FXI)

The 3 Nov 2026 story “China's Central Bank Raises FX Deposit Reserve Ratio by 2 Percentage Points, Freezing About $25 Billion to Curb One-Way Yuan Appreciation” names Ishares China Large-Cap Etf (FXI) because of this story.

What ties Ishares China Large-Cap Etf (FXI) to the headline is this: iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)

Wisdomtree Tr (CEW) is here too. Its reason reads: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from China

Dates and price levels for Ishares China Large-Cap Etf (FXI)

EMB traded between 90.23 and 91.35 across 6 sessions. The latest close on file is 91.26. FXI traded between 32.14 and 34.36 across 20 sessions. The latest close on file is 33.21.

What the saved facts support for Ishares China Large-Cap Etf (FXI)

46 out of 100Price not final

“China's Central Bank Raises FX Deposit Reserve Ratio by 2 Percentage Points, Freezing About $25 Billion to Curb One-Way Yuan Appreciation” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.