Market Extra: China ETFs attempt to book best day in a month after PBOC vows to support weak yuan with forex reserve ratio cut

U.S. exchange-traded funds that invest in Chinese stocks were trading higher on Friday afternoon, on track for their best day in a month after China ramped up its efforts to support the country’s flagging currency as investors’ concerns over the economic weakness persist. The People’s Bank of…#peoplesbankofchina #chineseyuan #kraneshares #mchi #spdr #gxc #citigroup #johannachua #yuanusdcnh #beijing
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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