🔴 ASHR is trading 3.3% down today after China’s Q2 GDP growth miss

ASHR is trading 3.3% down today as investors react to China’s weaker-than-expected Q2 GDP growth of 4.3%, the slowest pace since 2022.

• The growth miss highlights persistent soft domestic demand and a deepening property market downturn, driving broad selling in mainland Chinese equities.
• The ETF is also following a broader risk-off sentiment as investors weigh concerns regarding global growth and rising geopolitical tensions.
• Major U.S. indices are trading lower, adding further pressure to China A-shares during early trading sessions.