|Bid||31.29 x 3100|
|Ask||33.02 x 900|
|Day's Range||32.00 - 32.24|
|52 Week Range||23.59 - 32.75|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||8.55%|
|Beta (5Y Monthly)||1.02|
|Expense Ratio (net)||0.65%|
In spite of the the U.S.-China trade war and the outbreak of the coronavirus, many investors remain optimistic about investing in the Chinese market. There are about 35 exchange-traded funds (ETFs) catering to these investors, not including leveraged or inverse funds.
China country-specific ETFs made a strong rebound Tuesday after the People's Bank of China injected billions of dollars into the financial system in an attempt to offset the potential slowdown in light of a spreading coronavirus outbreak. Among the best performing non-leveraged ETFs of Tuesday, the VanEck Vectors ChinaAMC CSI 300 ETF (CNXT) surged 7.9%, KraneShares Bosera MSCI China A ETF (KBA) jumped 6.1% and the Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) increased 5.8%. As the death toll from the virus outbreak rose over 420 and the spreading contagion risks affecting the economy, China's central bank has pumped 1.7 trillion yuan, or $242.74 billion, into its financial system through open market operations and could be contemplating lowering its key lending rate and its reserve requirement ratios in a bid to restore investment confidence, Reuters reports.
Policy easing, subsiding trade tensions, technological disruption and solid household savings should boost these China ETFs in 2020, even after a solid 2019.
China’s economy has been expanding at breakneck speeds, but the emerging Asian equity market has fallen behind. The slow growth may be attributed to a large amount of unwieldy state-owned industries, but ...
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.
China country-specific ETFs were leading the charge Monday after President Donald Trump and Chinese President Xi Jinping agreed on a stay in the prolonged trade war and renewed trade talks. Among the best ...
China country-specific exchange traded funds rallied Tuesday after Beijing paved the way for more spending on infrastructure. Among the best performing non-leveraged ETFs of Tuesday, the KraneShares CSI ...
China A-shares exchange traded funds have dipped into a bear market territory as the emerging Asian market suffers from the prolonged trade spate with the U.S. The underlying benchmark tracks the performance of the 100 largest and most liquid China A-share stocks listed and trading on the Small and Medium Enterprise (“SME”) Board and the ChiNext Board of the Shenzhen Stock Exchange. Meanwhile, the more widely observed Xtrackers Harvest CSI 300 China A ETF (ASHR), which tracks track the CSI 300 Index, plummeted 14.7% off its highs.
The US/China trade war has stung a variety of riskier assets, including stocks in the world's second-largest economy, but for investors mulling China rebound opportunities, it may pay to consider some of the country's more compelling equities. With more mainland Chinese stocks, also known as A-shares, poised to join major international equity benchmarks later this year, some index providers are considering upping exposure to ChiNext stocks. “The FTSE Global Equity Index Series (GEIS) China A implementation opens up a range of China stocks to investors globally,” said FTSE Russell in a recent note.
Following a first-quarter rebound for U.S. equities, the absence of a trade deal certainly pumped the brakes on a sustained rally in the second quarter. Certain exchange-traded funds (ETFs) were able to ...
Many corners of the market have seen rough trading while a few still stand tall. Below, we have highlighted ETFs from the best and worst zones at the halfway mark in Q2.
Amid intensifying trade tensions with the U.S., previously high-flying China exchange traded funds have been punished this month. The VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT) is off nearly 14% in May, but CNXT is one China ETF that could be a leader when Chinese equities rebound. Earlier this month, markets plunged after President Trump over the weekend threatened to raise tariffs on $200 billion of Chinese goods from 10% to 25% at the end of the week and targeted hundreds of billions more soon, attributing the sudden amp up in tariff threats to negotiators dragging their feet.
Despite the trade uncertainty, China is still a fast growing economy that international investors should not ignore. As investors look for ways to gain exposure to this new economy, one may consider targeted ...
China country-specific exchange traded funds receive a pommeling, with China A-shares experiencing their worst session in over three years, Monday after President Donald Trump tweeted he would raise tariffs ...
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.
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.
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.