China’s Central Bank Shifts Its Short-Term Policy Anchor to Overnight
Published . Updated .
Daily overnight reverse-repo operations carry a fixed 1.25% rate, replacing the seven-day tenor as the main short-term reference.
Directly affected
- No company is named in this report.
Indirectly affected
- FXI iShares China Large-Cap ETF-5.0% 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-2.1% 11d
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-0.3% 30d
iShares MSCI Emerging Markets ETF is a broad fund of emerging-market stocks that includes China
- BABA Alibaba Group Holding-8.2% 17d
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-0.7% 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
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| FXI | -1.87% | -2.01% | base | after close | after close | after close | after close |
| CEWNo price data for this ticker | — | — | — | — | — | — | — |
| EMBNo price data for this ticker | — | — | — | — | — | — | — |
| EMLCNo price data for this ticker | — | — | — | — | — | — | — |
| EEMNo price data for this ticker | — | — | — | — | — | — | — |
| BABA | +2.27% | +2.99% | base | after close | after close | after close | after close |
| NTESNo price data for this ticker | — | — | — | — | — | — | — |
| JDNo price data for this ticker | — | — | — | — | — | — | — |
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.
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China’s Central Bank Shifts Its Short-Term Policy Anchor to Overnight www.tokenpost.com
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The price since 2 Nov 2026: Ishares China Large-Cap Etf (FXI) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Alibaba Group Holding (BABA) | three days earlier | +2.99% | final price |
| Alibaba Group Holding (BABA) | five days earlier | +2.27% | final price |
| Ishares China Large-Cap Etf (FXI) | three days earlier | -2.01% | final price |
| Ishares China Large-Cap Etf (FXI) | five days earlier | -1.87% | final price |
Congressional stock trades in Ishares China Large-Cap Etf (FXI)
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 tied to this story
- FXI Ishares China Large-Cap Etf
For “China’s Central Bank Shifts Its Short-Term Policy Anchor to Overnight,” 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
For “China’s Central Bank Shifts Its Short-Term Policy Anchor to Overnight,” 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
In “China’s Central Bank Shifts Its Short-Term Policy Anchor to Overnight,” 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
Vaneck J. P. Morgan Em Local Currency Bond Etf (EMLC) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “China’s Central Bank Shifts Its Short-Term Policy Anchor to Overnight.” 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
In “China’s Central Bank Shifts Its Short-Term Policy Anchor to Overnight,” 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
Alibaba Group Holding (BABA) is linked, with no stored direction, medium confidence in the 2 Nov 2026 story “China’s Central Bank Shifts Its Short-Term Policy Anchor to Overnight.” 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
In “China’s Central Bank Shifts Its Short-Term Policy Anchor to Overnight,” 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 2 Nov 2026 story “China’s Central Bank Shifts Its Short-Term Policy Anchor to Overnight.” 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)
On 2 Nov 2026, “China’s Central Bank Shifts Its Short-Term Policy Anchor to Overnight” is the story that connects Ishares China Large-Cap Etf (FXI) to this story.
Ishares China Large-Cap Etf (FXI) is on the page because iShares China Large-Cap ETF holds stocks listed in China, which this story is about (“china”)
A second company, Wisdomtree Tr (CEW), is listed for a different reason: WisdomTree Emerging Currency Strategy Fund holds emerging-market currencies, which move on news like this from China
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 33.13.
A simple score for Ishares China Large-Cap Etf (FXI)
46 out of 100
“China’s Central Bank Shifts Its Short-Term Policy Anchor to Overnight” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.