|Bid||27.00 x 1800|
|Ask||29.23 x 800|
|Day's Range||28.96 - 29.25|
|52 Week Range||20.35 - 35.36|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.70|
|Expense Ratio (net)||0.65%|
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.
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 ...
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.
China, the world’s second largest economy, has quickly become a major factor in the global markets. As investors look for areas of growth, it is becoming harder to ignore this emerging market behemoth. ...
The first quarter was kind to emerging markets equities and China was a big reason why. In the first three months of 2019, the MSCI Emerging Markets Index gained 9.90% while the MSCI China Index was higher by 18.6%.China stocks and the related exchange-traded funds (ETFs) have been buoyed by an array of supportive factors, including increased risk appetite and some solid economic data, indicating investors are getting over somewhat slower economic growth in the world's second-largest economy."A mix of Chinese stimulus measures have been providing the fodder for economic growth, such as lower taxes, no corporate tax breaks, monetary policy adjustments, and more market access for foreign companies to set up shop," reports ETF Trends. "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."InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 15 Stocks to Buy Leading the Financial Charge Investors should note there are dozens of China ETFs to consider, with choices ranging from the prosaic to the adventurous. Although Chinese stocks may appear to have limited upside from here, some of the following China ETFs could pleasantly surprise investors over the rest of 2019. China ETFs: VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT)Expense Ratio: 0.65% per year, or $65 on a $10,000 investment.In the China ETF conversation, the VanEck Vectors ChinaAMC SME-ChiNext ETF (NYSEARCA:CNXT) often goes overlooked, but there are some good reasons why that should not be case. One of those is the fact CNXT is one of the prime avenues for investors looking for exposure to mid- and small-cap companies trading on mainland China, a previously tough-to-access asset class.Up 44% year-to-date, CNXT is benefiting from a theme previously highlighted in this space: MSCI's recent decision to increase the percentage of A-shares in its international indexes, including the MSCI Emerging Markets Index."One critical development is that securities on the ChiNext board of the Shenzhen Stock Exchange are set to be included this year, in addition to mid-cap A-share companies," said VanEck in a recent note. "These types of companies are generally smaller and operate in consumer-led sectors, so they have exposure to the segments of the Chinese economy that we believe are expected to drive growth going forward." Global X MSCI China Consumer Discretionary ETF (CHIQ)Expense Ratio: 0.65%Investors looking for ways to tap new retail themes do not need to confine their searches to domestic stocks and funds. China ETFs, such as the Global X MSCI China Consumer Discretionary ETF (NYSEARCA:CHIQ), provide leverage to the e-commerce and online retail themes.In fact, an argument can be made that China ETFs are the superior ways for access to the e-commerce boom simply because China's internet market is significantly larger than that of the U.S., meaning the potential for online sales growth is larger in China than in major developed markets. Those are some of the reasons why CHIQ is up 28.53% year-to-date, compared to a gain of 15% for the largest U.S.-focused consumer discretionary ETF. * The Elite 8 Stocks to Buy for Massive Outperformance "Online retail sales in China exceeded ¥9 trillion in 2018, topping the world for the sixth consecutive year, spokesperson Gao Feng said during a regular conference of the Ministry of Commerce (MoC) on 21 March," reports The Telegraph. "The country's online retail sales maintained high-speed growth over the past 10-plus years, said Gao, who is also deputy director-general of the General Office of the MoC." Global X MSCI China Communication Services ETF (CHIC)Expense Ratio: 0.65%The Global X MSCI China Communication Services ETF (NASDAQ:CHIC) is another Global X China ETF focusing on a sector that is also available via domestically focused funds. In the case of CHIC, this China ETF is trailing the largest U.S. communication services ETF by 100 basis points this year, but that does not diminish the opportunity set with this sector in China.In the S&P 500, communication services is the fourth-largest sector weight, but in China, the sector is the third-largest sector allocation. For investors looking for growth in this sector, there are compelling reasons to consider CHIC and related Chinese ETFs."Overall, analysts anticipate that China's Communication Services will deliver higher revenue growth versus its U.S. counterpart, owing to several thematic tailwinds, including deepening internet penetration, rising wages & consumption, changing consumer habits to favor new technologies, and government support," according to Global X research. Xtrackers MSCI All China Equity ETF (CN)Expense Ratio: 0.5%.Among China ETFs, the Xtrackers MSCI All China Equity ETF (NYSEARCA:CN) is one of this year's most impressive stories that not many market participants are paying attention. After toiling in relative anonymity for nearly five years, CN is finally getting its due.As of the end of the first quarter, CN had more than $433 million in assets under management, thanks to nearly $380 million in year-to-date inflows. This China ETF is an effective way of accessing a broader basket of Chinese stocks across multiple share classes, a strategy that almost makes one ponder why it took so long for investors to warm to this Chinese ETF. CN tracks the MSCI China All Shares Index and is up 24% this year. * 10 Tech Stocks That Transformed Their Business That index "captures large- and mid-cap representation across China A-shares, B-shares, H-shares, Red-chips, and P-chips. The index aims to reflect the opportunity set of China share classes listed in Hong Kong, Shanghai and Shenzhen," according to DWS. WisdomTree ICBCCS S&P China 500 Fund (WCHN)Expense Ratio: 0.55%.The WisdomTree ICBCCS S&P China 500 Fund (NYSEARCA:WCHN) is a China ETF that is perhaps one of the closest comparisons to the S&P 500 because WCHN follows the equivalent China benchmark, the S&P 500 China Index.With WCHN up 27% this year, it is clear this China ETF is a different beast than its domestic S&P 500 counterparts. The WisdomTree fund allocates about 41% of its combined weight to the financial services and consumer discretionary sectors. And yes, communication services is the third-largest sector weight in this China ETF at almost 12%.With some data points indicating many investors are underweight China, WCHN is a China ETF appropriate for many investors to boost exposure to this emerging economy.Wisdometree said "For investors looking for a broad access vehicle to Chinese equity beta, WisdomTree launched a Fund to track the S&P China 500 Index--WCHN, the WisdomTree ICBCCS S&P China 500 Fund. MSCI is adding more A-shares this year and will have to continue to creep higher in their exposure, but our fund is already positioned across all the Chinese stocks," according to an ETF Trends article. Invesco Golden Dragon China ETF (PGJ)Source: Shutterstock Expense Ratio: 0.7%.The Invesco Golden Dragon China ETF (NASDAQ:PGJ) is approaching its fifteenth birthday, making it one of the older U.S.-listed China ETFs. PGJ tracks the NASDAQ Golden Dragon China Index, which is made up of of Chinese companies that trade on major U.S. exchanges.Despite its age, PGJ is another Chinese ETF with hidden gem status, particularly for investors looking to stay away from slow-growing sectors such as financial services and energy. This fund should not be overlooked, given the fund's leverage to fast-growing sectors. Around 84% of PGJ's combined weight is allocated to the consumer discretionary and communication services sector. * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos The rub with PGJ is that is often more volatile than traditional China ETFs, owing to its emphasis on growth sectors. That said, PGJ's price-to-earnings ratio of 25.29 compares favorably with U.S. internet funds, a relevant comparison because eight of this China ETF's top 10 holdings are internet stocks. KraneShares CCBS China Corporate High Yield Bond USD Index ETF (KCCB)Expense Ratio: 0.69%.For adventurous fixed income investors, the KraneShares CCBS China Corporate High Yield Bond USD Index ETF (NYSEARCA:KCCB) is a China ETF to consider. While many investors think of the U.S. as the king of the high-yield corporate bond market, there are some junk bond opportunities in emerging markets, many of which are found in China's fast-growing high-yield bond market."The total value of Chinese USD denominated high yield bonds increased over 300% from 2017 to 2018, and the number of issuing companies increased by almost 150% over the same period," according to KraneShares. "By the end of 2018, the total USD China Corporate High Yield Bond market size reached $232 billion USD with over 250 issuing companies."At the end of last year, KCCB had a 30-day SEC yield of 5.3% and its duration is 6.7 years.As of this writing, Todd Shriber does not own any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks From Around the World That Beat U.S. Stocks * 7 Breakout Stocks to Watch in 2019 * 5 Cheap Small-Cap Stocks to Buy Compare Brokers The post 7 China ETFs to Consider Right Now appeared first on InvestorPlace.
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.
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 ...
Chinese stocks and the related ETFs are surging this year. Up more than 33% year-to-date, the VanEck Vectors ChinaAMC CSI 300 ETF (CNXT) is one of the leaders of the China ETF pack. CNXT is one of the funds benefiting from MSCI's February announcement that it will increase the weight of A-shares, the stocks trading on mainland China, in its international indexes.
The emerging markets have been down and out for many years, but they are beginning to come to the forefront as ETF investors look to areas of opportunity in a prolonged bull market environment. "Number one is Chinese growth and global growth, and number two, what are central banks doing in the developing markets. Van Eck argued that Beijing pulled back on the economy too quickly last year for fear of fueling inflation, which has led to the sudden lack of confidence and subsequent plunge in market prices.
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. This could be fueling China ETFs, such as the VanEck Vectors ChinaAMC CSI 300 ETF (PEK) and the VanEck Vectors ChinaAMC SME-ChiNext ETF (CNXT) . A mix of Chinese stimulus measures have been providing the fodder for economic growth, such as lower taxes, no corporate tax breaks, monetary policy adjustments, and more market access for foreign companies to set up shop.
Many investors may be worrying about slowing growth of the Chinese economy. But government efforts and trade optimism bode well for ETFs.
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.
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. ...
As more look back into Chinese markets, investors may find opportunity in China small-cap ETFs. Foreign investors are jumping into smaller stocks in Chinese markets ahead of their likely inclusion in MSCI ...