What the US midterms mean for ties with China
Published . Updated .
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A sweeping victory for Democrats in US midterm elections this week, giving them control of Congress, presents both an opportunity and challenge for top rival China, analysts say.
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”).
- BABA Alibaba Group Holding-7.6% 14d
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+1.1% 7d
JD.com (retail stores) is one of the largest China-based companies traded in the US, so news about China (“china”) reaches its shares.
- BIDU Baidu-11.0% 30d
Baidu (computer programming, data processing, etc.) 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 | -5.46% | -3.99% | base | after close | after close | after close | after close |
| BABA | -5.52% | -3.63% | base | after close | after close | after close | after close |
| NTES | -7.55% | -4.77% | base | after close | after close | after close | after close |
| JD | -7.59% | -5.17% | base | after close | after close | after close | after close |
| BIDU | -2.24% | -4.40% | 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.
What the US midterms mean for ties with China France 24
Source: France 24
This story
| Company | When | Move | Status |
|---|---|---|---|
| BABA | three days earlier | -3.63% | final price |
| BABA | five days earlier | -5.52% | final price |
| BIDU | three days earlier | -4.40% | final price |
| BIDU | five days earlier | -2.24% | final price |
| FXI | three days earlier | -3.99% | final price |
| FXI | five days earlier | -5.46% | final price |
| JD | three days earlier | -5.17% | final price |
| JD | five days earlier | -7.59% | final price |
| NTES | three days earlier | -4.77% | final price |
| NTES | five days earlier | -7.55% | final price |
This story
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).
How solid “What the US midterms mean for ties with China” looks
12 out of 100
“What the US midterms mean for ties with China” scores 12 out of 100. The score uses 1 sources.