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CNY

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--%
1d
1w
1m

Analysis and statistics

  • Open
    7.0972$
  • Previous Close
    7.1914$
  • 52 Week Change
    --
  • Day Range
    -0.09$
  • 52 Week High/Low
    --
  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

The financial product symbol CNY.PA refers to the Lyxor MSCI China A (DR) UCITS ETF - Acc, listed on the Euronext Paris stock exchange. This ETF aims to track the performance of the MSCI China A Onshore index, representing the large and mid-cap China A share market, which are Renminbi-denominated shares listed on the Shanghai and Shenzhen stock exchanges. The "Acc" designation indicates that the ETF accumulates income rather than distributing it as dividends.
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Factors

Exchange Rate: CNY.PA's value is directly tied to the CNY/USD exchange rate. A stronger CNY increases the ETF's value. Interest Rate Differentials: Interest rate changes in China relative to other major economies can impact capital flows and affect the CNY's attractiveness. Chinese Economic Performance: Strong economic growth in China typically supports a stronger CNY, positively impacting the ETF's price. Monetary Policy: Actions by the People's Bank of China (PBOC), like adjusting reserve requirements or interest rates, influence the CNY. Government Intervention: The Chinese government can intervene in the currency market to manage the CNY's value, impacting the ETF. Global Risk Sentiment: Risk-on sentiment may favor emerging market currencies like the CNY, while risk-off sentiment may weaken it.

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