|Bid||28.15 x 36200|
|Ask||28.16 x 28000|
|Day's Range||28.09 - 28.20|
|52 Week Range||21.51 - 30.79|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||28.23%|
|Beta (3Y Monthly)||1.19|
|Expense Ratio (net)||0.65%|
Through exchange traded funds, investors are now able to diversify into China, the world's second-biggest economy and quickly growing emerging country, but there are a number of different ways to access this emerging Asian market. “Mainland China A-shares have been robust verses Hong Kong H-shares showing significant outperformance," Luke Oliver, DWS Managing Director, Head of Index Investing, Americas, told ETF Trends. Specifically, Oliver highlighted the outperformance of the Xtrackers Harvest CSI 300 China A ETF (ASHR), which advanced 26.8% year-to-date, compared to the iShares China Large-Cap ETF (FXI) , the biggest China-specific ETF by assets under management, which increased 6.6% this year, and the S&P 500 Index, which gained 21.9% so far this year.
China celebrates 70 years of Communist Party rule today. Here are three ETFs traders need to watch as the week-long celebration continue.
The People's Republic of China turns 70 and focuses its sights on dominance in technology and self-sufficiency as its middle class explodes.
While looking for areas of opportunities, investors may want to consider the overlooked Chinese markets and China A-shares exchange traded funds. “A shares have shown remarkable resilience in the recent ...
Investors will have more investment options to choose from when considering China equities as the second round of its quality issues, China A Shares, is included in the FTSE Russell global equity indexes. China A Shares will represent approximately c.
China's economic data disappoints again. The industrial output growth has slumped to the lowest level in 17.5 years along with weak retail sales. We highlight the impact on some ETFs.
China country-specific ETFs could be among the most at risk if crude oil disruptions and high energy prices become the norm. On Monday, the SPDR S&P China ETF (GXC) fell 1.2%, iShares China Large-Cap ETF (FXI) dropped 1.2% and Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) decreased 1.5%. China is the largest importer of oil and is expected to struggle as it tries to find an alternative source in the short-term if Saudi Arabia fails to quickly recover from the weekend attacks that wiped out half of the Kingdom's production capacity, CNN reports.
In short, China is looking to play only one way—the long game. “We think China is neither aiming to quickly reach a trade deal, nor trying to hit back at the U.S. as hard as it can,” said Yi Xiong, China economist at Deutsche Bank.
The world’s second largest economy is showing signs of slowing and growing debt won’t do it any favors, which could also hurt international equities versus U.S. equities. “China is very much past the tipping point where the debt simply no longer can be ignored. The Chinese government didn’t help alleviate this debt problem either after it pumped stimulus packages into the economy to shore it up.