1.Huge Spread Stocks With Highest Sales Exposure to China.
From Dave Lutz at Jones.
From Dave Lutz at Jones.
Financial Select Sector SPDR Fund ETF sees 8 days of outflows
The decline follows a sharp drop in the second half of last year as pressure from both Beijing and the Trump administration curbed a recent surge in cross-border investment. Completed Chinese deals in the U.S. hit a record $46 billion in 2016, and dropped to $29 billion in 2017, according to Rhodium.
Source: Rhodium Group. *Includes completed M&A transactions with over 10% resulting stake and greenfield projects that have broken ground. **January to May 2018.