Core Points - The China (Shaanxi) - Mozambique Investment Promotion Conference was held in Xi'an, with participation from over 70 enterprises and nearly 200 attendees, including representatives from the Mozambican government and relevant departments from Shaanxi [1] - This year marks the 50th anniversary of diplomatic relations between China and Mozambique, with increasing economic exchanges between Shaanxi and Mozambique, particularly in infrastructure, agriculture, and logistics [1] - Several agreements were signed between Shaanxi enterprises and the Mozambican Ministry of Economy, including projects in the fields of construction materials, logistics, and shipping [1] Group 1 - The conference highlighted the growing cooperation between Shaanxi and Mozambique, with significant participation from various sectors such as energy, construction, agriculture, foreign trade, pharmaceuticals, and cultural tourism [1] - China West Cement Co., Ltd. CEO Cao Jianshun announced the establishment of a cement production line in Mozambique in 2020, and the signing of three new projects during the conference, with an investment of nearly 2 billion yuan, expected to create over 1,000 jobs locally [1] - Mozambique's Minister of Economy, Basilio Muhate, expressed interest in Shaanxi's industrial development and aims to enhance cooperation in traditional industries while seeking investment opportunities in Shaanxi [1]

Market Performance - Southeast Asia ETFs rose by 4.81%, with Vietnam leading the gains[2] - The Global X FTSE Southeast Asia ETF outperformed ETFs tracking India, the UK, and China, but lagged behind Japan, Latin America, and the US[2] - The Southeast Asia Technology ETF increased by 4.47%, underperforming the broader Southeast Asia ETF by 0.34 percentage points[2] Country-Specific Insights - iShares MSCI Indonesia ETF gained 5.05%, outperforming by 0.24 percentage points, with active trading following a modest pullback[3] - iShares MSCI Singapore ETF rose 4.56%, underperforming by 0.25 percentage points, supported by the 2025 GST voucher scheme for low-income households[3] - iShares MSCI Thailand ETF advanced 2.69%, underperforming by 2.12 percentage points, aided by a central bank interest rate cut[3] - iShares MSCI Malaysia ETF climbed 4.17%, underperforming by 0.64 percentage points, as the US-Malaysia tariff agreement took effect[3] - Global X MSCI Vietnam ETF surged 11.83%, outperforming by 7.02 percentage points, driven by financial hub development and supportive central bank policies[3] Trading Volume and Liquidity - The Global X FTSE Southeast Asia ETF had a trading volume of 188,000 shares, increasing by 19.5%[16] - iShares MSCI Indonesia ETF trading volume reached 7,054,000 shares, up by 9.5%[16] - iShares MSCI Singapore ETF trading volume decreased by 15.8% to 5,379,000 shares[16] Risk Factors - The report highlights macroeconomic downturn risks and geopolitical tensions as potential threats to market stability[4][36]