|Bid||21.52 x 1800|
|Ask||22.34 x 1300|
|Day's Range||22.23 - 22.26|
|52 Week Range||21.54 - 23.23|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||0.54%|
|Beta (5Y Monthly)||-0.28|
|Expense Ratio (net)||0.50%|
Like the majority of emerging markets, China hasn't been immune to the pangs of the market volatility within the last couple of months due to the U.S.-China trade war. While some investors may look at these equities as a possible value-oriented option, one analyst says to watch out for potential value traps.
Aside from more tariffs, the US-China trade war is also producing one byproduct it didn't intend from the outset--growing Chinese nationalism. In addition, China is willing to exercise patience as opposed to rushing into a trade deal with the U.S. China announced plans to impose additional duties on $75 billion worth of American goods on Sept. 1 and Dec. 15.
As trade wars escalate to new levels, China businesses are forced to adapt to this new normal of tit-for-tat tariff wars with the United States. As such, exchange-traded fund (ETF) investors must approach the second largest economy with a strategic bent. Last week, China announced plans to impose additional duties on $75 billion worth of American goods on Sept. 1 and Dec. 15.
With all the trade talk news inundating the media, it's easy for investors to get caught up in the hype of investing in China. Of course, the primary trigger event is still a U.S.-China trade deal that’s at the tail end of negotiations.