Onshore Chinese stocks rallied in Q2, as geopolitical anxieties gave way to greater optimism—along with falling energy prices—and AI exuberance continued to support stocks in the global hardware supply chain. Beneath the broad market gains, however, it was a ‘tale of two economies’, as optimism toward tech balanced out a less sanguine view of China’s domestic economy. In this article, Dr. Phillip Wool, Global Head of Research of Rayliant Global Advisors, discusses the macro and factor-level influences of China A share performance in Q2 2026, and given the diversified nature of China’s broad market, it offers a relatively attractive profile for investors in longer-term growth for not only hard tech but broader new economy growth opportunities.

Aug 07, 2026

The Fed's abrupt turn — from rate cuts at the start of the year to a looming hike — has caught many investors off guard. Longer-duration US Treasury strategies have slipped into the red since the war in Iran erupted, as the economy shifted from a supply-side, oil-driven inflation shock to broadening price pressures compounded by a slew of Trump administration policies since 2025. New Fed Chair Kevin Warsh's FOMC has struck a hawkish tone, stripping the market of any lingering hope for a continued easing path. Yet his task is far from straightforward: unlike 2022, this cycle would begin from an already elevated rate plateau rather than near zero — meaning considerable stress is arguably baked into the system before a single hike lands. In this article, we discuss why Floating Rate Notes (3077 / 9077 / 9078 HK) looks increasingly well-timed for investors seeking to derisk by harvesting an elevated, weekly-resetting coupon with effectively zero duration and collecting front-end carry, while longer-duration fixed-rate Treasuries continue to absorb losses at the long end.

Jun 30, 2026

China’s hard-tech sector is entering a new phase of structural growth, driven by AI adoption, semiconductor localization, and strong policy support. Domestic hard-tech leaders across semiconductors, optical networking, advanced manufacturing, and memory technologies have significantly outperformed broader Chinese and offshore equity markets year-to-date, while a new IPO wave led by ChangXin Memory Technologies (CXMT), Unitree Robotics, and other strategic technology champions are set to further enrich the STAR Market ecosystem. In this article, our Partner & Co-CIO David Lai discusses that our Premia China STAR50 ETF and Premia CSI Caixin China New Economy ETF offer targeted access to companies benefiting from China’s long-term technology and industrial transformation.

Jun 12, 2026

The complex macro picture has played squarely to the strengths of Premia's fixed income range, with every ETF in the lineup outperforming its mainstream investment grade (IG) and high-yield (HY) peers over the past six months. On the IG side, a constrained Fed pushing US long-end yields toward 5% makes a strong case to hold shorter duration bonds —while accommodative China liquidity and firm local demand underpinned Asia credit—drove the relative gains than the broader global IG universe. On the high-yield side, the Premia China USD Property Bond ETF significantly outperform the US and Asia HY peers along with the gradual recovery of China's property market, and has more than 660bps of spread still on offer for further compression toward the regional average. In this article, we explore how as this trend persists, the modular lineup offered by Premia's fixed income ETF range is increasingly turning today's fragmented macro environment into clear relative outperformance across both rating tiers.

Jun 12, 2026

Even if a peace deal is achieved soon, the writing is already on the wall for the US economy. Higher inflation and rates/yields appear inevitable. The double shocks of the Trump tariffs of 2025 and now the Iran War will exacerbate the inflation already working its way through the supply chain. In this article, our Senior Advisor Say Boon Lim discusses why as US equity valuations appear increasingly mispriced, with current multiples severely challenged by a rising discount rate, Asian emerging markets are gaining recognition as a resilient alternative. China's exit from deflation is emerging as a positive signal in particular, as improving earnings growth prospects and technological development could together present a compelling alpha opportunity.

May 21, 2026