Global ETF Survey 2026: Answer now →
Help us improve your experience. Please confirm your investor type:
Don’t Miss a Move in the ETF Market
Sign up and keep track of everything that moved the ETF industry this week. From new launches to regulatory shifts across the Atlantic.
China's economy hits the brakes on energy crunch and Evergrande woes
The decline is mainly due to the lingering power shortages, supply chain bottlenecks and the major downturn in the property market.
By Rony Abboud
0
- China
- Energy
- Real Estate
Advertisement
Chinese National Bureau of Statistics released data on Monday showing that the national gross domestic product (GDP) for the July-September period (Q3 2021) grew by 4.9% in the third quarter from a year ago, below the forecasted 5.2%. The key indicator receded from 7.9% in the second quarter and was the slowest pace since last year's third quarter, when GDP also expanded by 4.9% It also marked a further deceleration from the 18.3% jump in the first quarter.
The decline is mainly due to the lingering power shortages, supply chain bottlenecks and the major downturn in the property market due to the Evergrande debacle.
ETF Data Built for Precision
Trackinsight delivers reliable and comprehensive coverage on 14,000+ ETFs
In the ETF space, ChinaAMC China 50 ETF, which consists of the 50 largest and most liquid A-share stocks listed on Shanghai Stock Exchange ended the day -1.89% lower. Similarly in Europe, iShares MSCI China UCITS ETF and Lyxor MSCI China UCITS ETF which target large and mid-cap Chinese equities, opened lower on Monday.
Find and compare over 7,000 ETFs with our free tools:
More articles
About Trackinsight
Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.
Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.
In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.
This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.
Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.
More about TrackinsightETF TOOLS
PLATFORM
ETF NEWS & RESEARCH
Privacy policy | Cookie policy | | Terms of use | Imprint
