|Bid||25.00 x 46000|
|Ask||29.98 x 42300|
|Day's Range||26.40 - 26.55|
|52 Week Range||21.10 - 27.17|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.02|
|Expense Ratio (net)||0.48%|
After yesterday’s big fall, the Hang Seng Index rose marginally today. The index gained 0.13% to end at 28,222. The index opened considerably lower than yesterday’s close but gained in early trading. Afterward, the index remained within a narrow range to end the day on a slightly positive note.
After rising marginally yesterday, Hong Kong’s Hang Seng Index fell today. The index lost 1.15% to end at 28,185.98. Only seven stocks in the index rose, while 39 declined. Four remained unchanged. Tencent Holdings (TCEHY) was one of the worst performers with a 1.8% fall.
After falling on Friday, the Hang Seng Index started the week of the G20 meeting on a positive note. The index gained 0.14% today. Last week, the index gained 5%, and Friday was the only day it posted losses during the week.
Hong Kong’s Hang Seng Index, which has been under severe pressure this quarter, was the best performing Asian index on June 19 with 2.56% gains. The index recorded its third consecutive gain.
Hong Kong In Massive Show of Defiance Against Beijing Over a quarter of Hong Kong’s 7.4 million people marched against China’s hand-picked chief executive Carrie Lam over the weekend in protest against an extradition bill that would essentially allow Beijing to ship over anyone they wanted to stand trial in China for crimes against communism, […]The post Market Morning: Hong Kong Rises Up, Fed Meets Wednesday, Deutsche Bad Bank, Boeing Mea Culpa appeared first on Market Exclusive.
Hong Kong ETFs may be losing their luster with the city's status as a global financial hub comes into question, following a controversial new law that threatens the autonomy of the Special Administrative Region. Hong King-related ETFs, such as the SPDR Solactive Hong Kong ETF (ZHOK) , Franklin FTSE Hong Kong ETF (FLHK) and iShares MSCI Hong Kong ETF (EWH) , could come under fire as talented individuals that make up the Asian financial hub consider living in other areas that do not fall under mainland China's laws. Some observers argued that the bill poses legal risks for employees whom were protected under the autonomy of Hong Kong through its framework with China known as "one country, two systems," the Wall Street Journal reports.
Most Asian Indexes Gain as Trump Concludes Japan TripHong Kong’s Hang Seng gainsHong Kong’s Hang Seng followed China’s lead today. The index gained 0.38% to end at 27,390.81. Yesterday, however, the index diverged from the mainland indexes.
May 8 Asia-Pacific Update: Markets in Red on New Data, S&P's FallTrade balance shrinksAfter recovering on May 7, China’s Shanghai Composite Index fell 1.12% to 2,893.76 on May 8. The market started the day on a strong note, rising to the
Trump Hits at China, Causes Havoc in AsiaDeal or no deal?When the leader falls, the army surrenders. On May 6, Asian markets were impacted by a single tweet about China from President Trump.On May 5, President Trump tweeted that the duty on $200
President Trump has once again threatened to raise tariffs on Chinese goods. The renewed trade tensions put these ETF areas in focus.
Hong Kong-related ETFs were among the leading areas in the markets Thursday on hopes that negotiations between the U.S. and China were moving to higher levels with a resolution around the corner and on ...
A Dow Theory bull market was just confirmed on April 3rd when the Dow Industrials and Dow Transportations both closed above their February highs, observes Mary Anne and Pamela Aden, editors of The Aden Forecast.
Economic data and trade deal breakthrough hopes have seen bulls return to Asia-Pacific markets this week. Trade the region using these three ETFs.
The iShares MSCI Emerging Markets ETF (NYSE: EEM) actually outperformed the S&P 500 by nearly 2.5 percentage points in January. For emerging market investors, this recent rally is sorely needed as EM equity took a beating in 2018. Using the Emerging Markets Stocks ETFs Q-Folio—an AI-based portfolio model from research platform Quantamize—we can see which emerging markets we should consider going over- or underweight in our portfolios.
For the first time in nearly three decades, Pacific rim leaders were unable to reach agreement on a joint declaration regarding world trade at the Asia-Pacific Summit held in Papua New Guinea over the weekend. The world's two largest economies, the United States and China, refused to budge on language in a final statement. The United States wanted the declaration to use decisive wording about unfair trade practices, such as intellectual property theft and forced technology transfers, which it accuses China of engaging in.
Economic Calendar This Week On Monday we have ISM Manufacturing, Wednesday 30Y mortgage rates, Thursday the Fed Funds Target Rate, and Friday the Producer Price Index. Slow manufacturing would add to the evidence that the current boom may be receding finally after 10 years. 30Y mortgage rates are likely to turn up, further slowing down […] The post Market Morning: Bitcoin Cash Hard Fork, Asia Falls Again, Iran Sanctions Back On appeared first on Market Exclusive.
Asia Down Heavily, EM Currencies Keep Falling, South Africa Slaughtered Hong Kong is leading Asian equities down this morning, Hong Kong’s Hang Seng leading the plunge down 650 points or 2.3%. China’s Shanghai Composite comes in second with a loss of 1.7%, though the Yuan remains stable against the dollar unlike other emerging market currencies […] The post Market Morning: EM Turmoil Continues, Asia Down, Italy Reassures, Musk Flares, Toyota Recalls appeared first on Market Exclusive.
China’s Shanghai Composite Index lost strength at the end of last week and started this week on a mixed note. On July 31, the Shanghai Composite Index opened lower and gained strength as the day progressed.