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The ex-China ETF's market value has surged to $6.8 billion from just $164 million at the end of 2020, while that of China ETF has dropped from a peak in January to about $6.4 billion. (Bloomberg) -- Assets held by MSCI Inc.'s major ETF for emerging markets outside of China have surpassed those of its China fund for the first time, signaling an erosion in the status of Asia's largest economy as the preferred investment destination. [Extracted from the article]

(Bloomberg) -- To many investors, Macau's push to extend oversight over the world's largest gambling hub came as a shock, triggering a record selloff in casino shares. With the permits set to expire in less than 10 months, the government is expected to pressure the firms -- who have seen gaming revenue contribute 85% of overall revenue on average the past three years, according to Bloomberg calculations from company reports -- to boost investment in non-gaming sectors. [Extracted from the article]

Keywords: ALLTOP; ASIA; BUSINESS; CHINA; COS; ETF; INDUSTRIES; MARKETS; NORTHAM; STK; STKTOP; TEC; TECHTOP; TECSVC; TMT; TOP; US; WORLD; WWTOP; WWTOPAM; WWTOPAS; WWTOPEU EN ALLTOP ASIA BUSINESS CHINA COS ETF INDUSTRIES MARKETS NORTHAM STK STKTOP TEC TECHTOP TECSVC TMT TOP US WORLD WWTOP WWTOPAM WWTOPAS WWTOPEU BlackRock Inc. is prepping a new exchange-traded fund investing in Chinese tech stocks, just weeks after a product from a competitor overtook its largest U.S. ETF targeting the Asian nation. QZVPWUT0G1KZ (Bloomberg) -- BlackRock Inc. is prepping a new exchange-traded fund investing in Chinese tech stocks, just weeks after a product from a competitor overtook its largest U.S. ETF targeting the Asian nation. [Extracted from the article]

While still employing one-fifth of the city's workforce, the gambling industry's contribution to Macau's gross domestic product had dropped to 51% before the pandemic hit, from 63% in 2013, according to the latest government data. Keywords: 1128@HK; 1928@HK; ALLTOP; ASIA; ASIATOP; BUSINESS; CHINA; CONS; CONSD; COS; FIN; FRX; HEA; INDUSTRIES; LIFESTYLE; MARKETS; TEC; TECSVC; TRAVEL; WORLD; WWTOP; WWTOPAS EN 1128@HK 1928@HK ALLTOP ASIA ASIATOP BUSINESS CHINA CONS CONSD COS FIN FRX HEA INDUSTRIES LIFESTYLE MARKETS TEC TECSVC TRAVEL WORLD WWTOP WWTOPAS QZREXQT0AFB4 (Bloomberg) -- To many investors, Macau's push to extend oversight over the world's largest gambling hub came as a shock, triggering a record selloff in casino shares. [Extracted from the article]

High yields, market size attractive in China, NPS's Kang says In China, a two-year sovereign bond rally will continue, sending its benchmark 10-year yield to 2.5 percent this year, according to a Bloomberg survey of traders and analysts. [Extracted from the article]