|Bid||30.36 x 3100|
|Ask||30.42 x 21500|
|Day's Range||30.32 - 30.48|
|52 Week Range||21.51 - 31.03|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.01|
|Expense Ratio (net)||0.66%|
China country-specific exchange traded funds climb after Beijing announces a handful of official economic data points that topped expectations, including the widely anticipated gross domestic product numbers. On Wednesday, the VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT) advanced 1.8% and Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) rose 0.8%. Along with the broader positive economic growth trends, industrial production increased to a much better-than-expected 8.5% year-over-year in the month of March, its fastest pace since July 2014, and beating out the 5.9% expected rate.
For exchange-traded fund (ETF) investors, the SPDR S&P 500 ETF (SPY) has been a dietary staple for many years. After posting $4.1 billion of outflows during the first quarter, SPY, the largest ETF that tracks the S&P 500, attracted more than $5.3 billion of inflows to start the second quarter. "It's the bellwether of all ETFs," said ETF Trends CEO Tom Lydon. "Because it's the biggest, the spreads between the bid and the ask are really, really tight," said Lydon.
China exchange traded funds (ETFs) slumped Monday following news that index provider MSCI Inc. is postponing the transition MSCI All China Indexes to the MSCI China All Shares Indexes for nearly six months. ETFs focusing on China A-shares, the stocks trading on mainland China, slipped Monday. The VanEck Vectors ChinaAMC CSI 300 ETF (CNXT) , KraneShares Bosera MSCI China A ETF (KBA) and the Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) all traded lower by more than 2% in early Monday trading.
China stocks are coming back from a dismal 2018, during which the biggest ETFs tracking Chinese equities lost between 11% and 36%.
China A-Shares ETFs trumped the S&P 500 in Q1 and this is just the beginning of the China A-Shares ETF rally as a host of tailwinds are prevailing.
With the books closing on the first quarter of 2019, it’s been a strong start for U.S. equities–the Dow Jones Industrial is up 12.56 percent through Monday’s close, the S&P 500 is up 14.37 percent and ...
We are presenting a bunch of top performing ETFs of the first quarter with a solid Zacks ETF Rank 1 or 2 which are expected to outperform in the quarter ahead.
Activity in China's manufacturing sector saw an uptick during the month of March, helping to ease fears of a global economic slowdown and boosted exchange-traded funds (ETFs) like the VanEck Vectors ChinaAMC CSI 300 ETF (PEK) , VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT) and the iShares China Large-Cap ETF (FXI). While ongoing trade negotiations between the U.S. and China have the capital markets eagerly anticipating a tangible trade deal, stimulus measures by the Chinese government to prop up the domestic economy are starting to take its effect. All in all, Wall Street is looking at the Chinese government’s latest efforts as a plus for its economy and a boon for China ETFs.
Chinese bonds made their debut on the Bloomberg Barclays Global Aggregate Index on Monday--a move that would give investors more access to China's $13 trillion bond market. "Today marks an important milestone as China's capital markets continue to find their place in the global investment mainstream," said Justin Chan, HSBC's co-head of global markets in Asia Pacific. China is becoming less resistant to safeguarding its businesses, which will open the pathways to more foreign investment. China ETFs have also been the beneficiaries of index provider MSCI Inc. announcing recently that it would quadruple its weighting of large-cap Chinese shares in its benchmark indexes.
China country-specific ETFs were among the best performers Friday as investors regained confidence on hints of progress in trade talks between the U.S. and Chinese delegations in Beijing. Among the best ...
With the latest movements in the capital markets serving as a reminder to investors that volatility is not to be forgotten, it's important to look outside of the United States for opportunities, such as China. While companies can gain access to the largest companies in China via the iShares China Large-Cap ETF (FXI) , there is one caveat--the majority of the holdings in the guts of the ETF consist of state-owned enterprises where the government prevents full autonomy of these companies. "Many of them are state-owned," explained Lydon.
Albert Einstein once said "the measure of intelligence is the ability to change," and this rings true in the exchange-traded fund (ETF) space where innovation is rife, but those who fail to adopt the latest and greatest technology could be left in the dust. EquBot ETFs understands this urgency and realizes that technology like artificial intelligence (AI)--once considered the technology of the future--is now the technology of today. This is inherent in their AI-powered ETFs, such as the AI Powered Equity ETF (AIEQ) .
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.