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The US dollar fell more than 0.50% against the Swiss franc (USD/CHF) on the day, and is currently trading at 0.8046.

2026-07-16

The US dollar fell more than 0.50% against the Swiss franc (USD/CHF) on the day, and is currently trading at 0.8046.

Other News
2026-07-16

Several Chinese dividend-related ETFs, including dividend low-volatility and dividend-quality ETFs, have completed fundraising, raising a combined total of more than 1 billion yuan.

Several Chinese dividend-related ETFs, including dividend low-volatility and dividend-quality ETFs, have completed fundraising, raising a combined total of more than 1 billion yuan.
2026-07-16

CITIC Securities says as land-sale fiscal revenue wanes, Chinese local governments will seek new funding sources and equity-based fiscal policy could provide incremental financing. It splits equity fiscal into primary-market operations—local authorit

CITIC Securities says as land-sale fiscal revenue wanes, Chinese local governments will seek new funding sources and equity-based fiscal policy could provide incremental financing. It splits equity fiscal into primary-market operations—local authorities using guidance funds to co-invest in the primary market to capture long-term capital appreciation—and secondary-market channels—central and local SOE dividends and market-value revaluation to deliver near-term proceeds. Referencing overseas experience, CITIC says equity fiscal can only play a larger role if overall equity market capitalization rises substantially; enlarging the equity market and sustaining a slow bull market are therefore strategic priorities, which should enhance A-shares’ long-term allocation value.
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