For the latest ETF industry news, please refer to our “Asia ETF Roundup (Industry) – June 2020”.
Major Markets Performance
While reopening the global economy was a theme in May, concerns of a second wave of the COVID-19 pandemic dominated headlines in June. Geopolitical tensions also flared. Towards the end of the month, China passed a new national security law in Hong Kong. U.S. lawmakers responded by approving new Hong Kong-related sanctions on China. Global markets shrugged it all off and posted another month of gains.
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