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RAYC (Rayliant Quantamental China Equity ETF) is no longer actively trading.
This usually means the fund has been liquidated, merged into another product, or its ticker has been retired. Every price, valuation, dividend, and analyst figure on this page is frozen at the last available trading session and reads as historical reference — not a current-day signal.
Shares of Rayliant Quantamental China Equity ETF (NYSEARCA:RAYC - Get Free Report) shot up 0.5% during mid-day trading on Monday. The company traded as high as $18.10 and last traded at $18.09. 2,706 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 5,109 shares. The stock had
While the Rayliant Quantamental China Equity ETF dives into specific regions, the new Roundhill China Dragons ETF focuses on the country's biggest companies.
The latest figures published by the People's Bank of China show that credit and liquidity are stalling as demand for new loans declines. Deteriorating confidence in China's prospects explains why households prefer paying down debts while companies borrow less.
Data came in generally in line or slightly weaker than forecasts, as weak confidence continued to depress investment and consumption. New home prices fell by -0.65% MoM in July, compared to a -0.67% MoM drop in June.
The People's Bank of China kept the one-year medium-term lending facility rate unchanged at 2.5% today, in line with market expectations. We believe that in conjunction with today's data releases and the start of rate cuts in other central banks such as the European Central Bank and Bank of Canada, the odds of a PBoC rate cut in the coming months have risen.
Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month. So, policymakers are now stepping up support for the property sector in particular.
LOS ANGELES--(BUSINESS WIRE)---- $RAYC--Rayliant Global Advisors, with Sumitomo Mitsui DS Asset Management (SMDAM), announced the launch of the Rayliant SMDAM Japan Equity ETF (RAYJ).
Some asset managers may decide it's worthwhile to hand over some of the revenue that their exchange-traded funds collect via Fidelity Investments' brokerage platform to pay for its support agreement — if they haven't decided to do so already.