|Bid||0.00 x 800|
|Ask||0.00 x 1400|
|Day's Range||27.78 - 27.97|
|52 Week Range||21.51 - 31.54|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.13|
|Expense Ratio (net)||0.66%|
Strength in U.S. equities is translating to strength abroad as emerging markets (EM) are gaining in 2019 after a 2018 to forget. Core EM exchange-traded funds (ETFs) like the Vanguard FTSE Emerging Markets Index Fund ETF Shares (VWO) is up 9.24 percent year-to-date after a 14.77 percent decline in 2018. "Emerging markets have been unloved for the past five years," said ETF Trends CEO Tom Lydon during an appearance on CNBC with Bob Pisani.
China has turned to its biggest tax cut in history to dispel some of the intense gloom that has fallen over the business sector, which is worse than Guangzhou pollution on a bad day. The world's largest parliament, in the form of the National People's Congress (NPC), is meeting in Beijing. First, China has pledged to reduce taxes and fees by 2 trillion yuan (US$298 billion), an aggressive step-up from last year.
U.S. equities began the week with a bout volatility not seen in the capital markets since the fourth quarter of 2018 as the Dow Jones Industrial Average fell as much 400 points during Monday's trading session before settling for a 200-point loss at the close. It's the type of market movements that could induce motion sickness to any investor, according to ETF Trends CEO Tom Lydon. "I think we've all finished our allocation of Dramamine for sure," said Lydon.
China country-specific ETFs stood out Monday, with Chinese markets rising to a nine-month high, as the country's annual legislative session begins and investors looked for potentially more measures to kick start the slowing economy. Among the better performing non-leveraged ETFs of Monday, the VanEck Vectors ChinaAMC CSI 300 ETF (CNXT) increased 2.5% and Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) gained 0.8%. Policymakers have promised tax cuts, more infrastructure spending this year and improved liquidity into the Chinese financial system in response to slowing growth, the Financial Times reports.
China And US Near Deal? Reuters reports that the United States and China are near a deal to roll back tariffs. Supposedly “pledges” have been made to “restructure” the Chinese economy and eliminate retaliatory tariffs on US goods in China. The source for this, according to Reuters, was, “a source”. A deal could be sealed […]The post Market Morning: Amorphous China Deal, Trump Obstruction, Amazon Groceries, New Gap in The Gap appeared first on Market Exclusive.
Chinese markets and country-specific ETFs jumped Friday after index provider MSCI Inc. said it would more than quadruple the contribution of mainland Chinese A-shares in its widely observed global benchmark. ...
MSCI move that it will quadruple the weighting of Chinese mainland shares (A-shares) for a number of its indexes in three phases has led to rally in China A-Shares ETFs.
Chinese markets and country-specific ETFs surged Monday after President Donald Trump pushed off the tariff deadline, pointing to progress in the trade talks with China and announcing a "signing summit" with Chinese President Xi Jinping. On Monday, among the best performing non-leveraged ETFs, the VanEck Vectors ChinaAMC CSI 300 ETF (PEK) gained 6.3%, iShares MSCI China A ETF (CNYA) advanced 7.3%, Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) jumped 6.4% and KraneShares Bosera MSCI China A ETF (KBA) rose 6.1%. Further fueling optimism over a conclusion to the extended trade tiff between the U.S. and China, Trump announced a "signing summit" with Chinese leader Xi, CNN reports.
China country-specific ETFs rallied Tuesday after Chinese stocks experienced one of their best days since early November as hopeful traders bet on a resolution to the prolonged trade dispute between China and the U.S. On Tuesday, the Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) gained 2.9%, KraneShares Bosera MSCI China A ETF (KBA) advanced 2.4% and iShares MSCI China A ETF (CNYA) rose 2.4%. Chinese mainland stocks jumped more than 3% ahead of the new round of talks between the United States and China to resolve a trade war as the two side sides meet in Washington D.C. on Tuesday, with follow-up sessions at a higher level later in the week.
After rallying on the U.S. trade deal speculation, China country-specific ETFs slipped Friday, testing their long-term support, in response to slowing inflation and lingering uncertainties over the Sino-U.S. trade negotiations. Dragging on sentiment for Chinese markets, China's Consumer Price Index missed expectations in January.
China country-specific exchange traded funds maintained their momentum as a deal between the U.S. draws nearer with the world's two largest economies ironing out the details on an agreement to resolve an extended trade dispute that disrupted global markets. On Wednesday, the Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) gained 1.9%, KraneShares Bosera MSCI China A ETF (KBA) advanced 1.7% and iShares MSCI China A ETF (CNYA) rose 1.6%. The three China A-shares country-specific ETFs were also trading back above their long-term, 200-day simple moving average.
China country-specific exchange traded funds led the charge Monday as trade talks resumed with the United States. On Monday, among the best performing non-leveraged ETFs, the Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS) increased 3.2%, KraneShares Bosera MSCI China A ETF (KBA) advanced 2.6% and Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) gained 2.6%. White House senior counselor Kellyanne Conway on Monday expressed confidence in a possible deal, telling Fox News in an interview, “It looks that way, absolutely,” when asked if the two countries were closer to a trade deal, Reuters reports.
Now everyone is going to be a winner, according to the smiley chatter coming out of the get-together of Chinese Vice Premier Liu He with Donald J. Trump. The vice premier and his team have been more constructive than Nancy Pelosi, that's for sure. "We're trying to work out a trade deal with China.
Chinese markets and country-specific exchange traded funds are gathering momentum ahead of the Lunar New Year break festivities, but some investors remain cautious with lingering concerns after being burned from the recent pullback. Year-to-date, the SPDR S&P China ETF (GXC) gained 8.9%, the iShares China Large-Cap ETF (FXI) added 7.1% and Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) rose 8.1%. In eight of the past 10 years, the benchmark Shanghai Composite Index strengthened in the two weeks before the weeklong "spring festival" holiday that marks the beginning of the New Lunar Year, the Wall Street Journal reports.
When investors are bargain hunting for opportunities in Asia, it's important to emphasize quality first and foremost compared to other nations like the United States or Europe. In 2018, investors rode the back of a tech wave spearheaded by the FAANG (Facebook, Amazon, Apple, Netflix, and Google) stocks. With these tech giants laser-focusing on growth and momentum, value investing fell to the wayside.
Asian markets were among the worst off in 2018 as trade tensions, U.S. interest rate hikes and China’s deleveraging policies sent investors running. However, now that the dust is settling, investors may ...
On Jan 4, People's Bank of China (PBOC), cut the reserve requirement ratio (RRR) by 100 bps or 1 percentage point to reignite growth in the world's second-largest economy.
Chinese markets and related-specific exchange traded funds have been hard hit by the tiff with the U.S., and many economic indicators reveal that the fallout from the trade war has rippled through China’s ...