FXI - iShares China Large-Cap ETF
39.18 -0.91 (-2.27%)
Pre-Market: 4:26AM EDT
| Previous Close | 39.08 |
| Open | 39.99 |
| Bid | 0.00 x 1200 |
| Ask | 0.00 x 3200 |
| Day's Range | 39.53 - 40.16 |
| 52 Week Range | 38.64 - 54.00 |
| Volume | 48,716,537 |
| Avg. Volume | 29,219,785 |
| Net Assets | 5.05B |
| NAV | 42.96 |
| PE Ratio (TTM) | N/A |
| Yield | 3.48% |
| YTD Return | -6.01% |
| Beta (3Y Monthly) | 1.39 |
| Expense Ratio (net) | 0.00% |
| Inception Date | 2004-10-05 |
- CNBC Videos•3 days ago
First trades to rebound
CNBC's Mike Santoli reports on the ETFs that are making a comeback after the sell-off earlier this week.
Market Realist•3 days agoUnderstanding the Impact of US Tariffs on Qualcomm
The second round of the US tariffs on $200 billion of Chinese (FXI) imports includes connected devices. The above HTS category includes modems, Wi-Fi routers, gateways, cell tower radios, Bluetooth-enabled devices, and any component used to connect to the Internet and mobile networks. According to a study by the CTA (Consumer Technology Association), 10.0%–25.0% tariffs on connected devices would increase the price of these products by 8.5%–22% and reduce their consumption by 6%–12%.
Market Realist•3 days agoHow Do Analysts View Fitbit Stock?
Fitbit stock (FIT) has declined significantly over the last few years. The stock touched an all-time high of $47.51 in August 2015 and has since fallen to $4.50. Fitbit stock declined 11% last month and is down 15.9% in October 2018. The stock has lost 21% in 2018. Fitbit was once the market leader in the global wearable market. However, it has since lost the position to Apple. A fall in product sales has impacted profitability as well.
Market Realist•3 days agoNVIDIA and AMD to See Higher GPU Prices Because of US Tariffs
The second round of 10% tariffs on $200 million in Chinese (FXI) goods, which went into effect on September 24, includes GPUs (graphics processing units). These tariffs could rise to 25% effective January 1, 2019, if no negotiations are resolved between the United States and China.
Market Realist•3 days agoAlibaba Stock Has Fallen Close to 15% in 2018
The stock of Chinese (FXI) Internet giant Alibaba (BABA) has declined 17.7% this year and is currently trading at $141.90. Alibaba stock has fallen 13.9% in October 2018 and has been impacted since founder Jack Ma announced his retirement in September. Analysts expect Alibaba’s revenue to rise 58% to $57.6 billion in fiscal 2019 (year ending in March) and 29% to $79.9 billion in 2020.
Market Realist•3 days agoUS Tariffs to Impact Micron’s Gross Margin
The US tariffs on Chinese goods would impact US companies that manufacture or import goods from China (FXI), including Micron Technology (MU). Micron Technology is the world’s third-largest memory chip maker and competes with South Korean rivals Samsung (SSNLF) and SK Hynix in terms of price and technology. As Samsung and Sk Hynix have a cost advantage over Micron in the DRAM (dynamic random-access memory) market, they can offer DRAM at a lower price than Micron and still remain profitable. The second round of 10% tariffs on $200 billion of Chinese imports includes SSDs (solid-state drives) and printed circuit board assemblies that integrate DRAM (dynamic random-access memory) modules to electronics devices.
Market Realist•4 days agoThe Impact of Tariffs on the Global Semiconductor Supply Chain
China (FXI) is the global manufacturing hub of semiconductor and consumer electronics. The US tariffs would make goods manufactured in China expensive for US companies, encouraging them to move their operations or supply chains away from China. According to DRAMeXchange, 40% of the global server demand comes from North America as big cloud companies like Google and Amazon order in bulk.
Market Realist•4 days agoSemiconductor Industry Opposes Trump’s Tariffs on Chinese Imports
Among these groups were SIA (Semiconductor Industry Association), SEMI (Semiconductor Equipment and Materials International), and the CTA (Consumer Technology Association). Despite this domestic opposition, President Donald Trump went ahead with the tariffs. The Trump administration stated that tariffs were important as there is no trade agreement that would put an end to China’s anti-competitive policies and better protect American intellectual property.
Market Realist•4 days agoHow Chinese Tech Stocks Fared Yesterday
Chinese (FXI) stocks have had a difficult year so far, as trade wars have weighed heavily on companies. Several China-based companies are now trading close to their 52-week lows. However, the growth story for China remains intact and is far from over. Top Chinese stocks are now trading at cheap valuations and might be available at a bargain for long-term investors given their high revenue growth estimates.
Market Realist•4 days agoUS–China Tariffs Could Hurt US Companies and Consumers
In theory, tariffs are used to make imported goods costlier than domestic goods in order to encourage consumers to buy domestic goods. The United States imposed tariffs on Chinese (FXI) goods to make American goods cheaper and promote local business. The cheap Chinese labor encouraged most US tech firms to outsource the manufacturing or assembly of their products to China and then import the finished goods to the United States.
- Market Realist•5 days ago
Will Inflation Scare Continue to Drive Markets?
Investors are keenly awaiting the US CPI (consumer price inflation) figures. The markets have placed huge importance on inflation figures (TIP) in 2018, as inflation has been one of the most important deciding factors related to the Fed’s future interest rate (TLT) path. The US CPI underwhelmed in August with a 0.2% rise sequentially compared to the 0.3% growth that was expected by economists.
Market Realist•5 days agoTech Companies Fear Third Round of US Tariffs on Chinese Imports
President Donald Trump wants China (FXI) to reduce its trade surplus with the United States, and the two countries discussed several proposals to accomplish that goal. Trump warned of a third round of tariffs on another $267.0 billion in Chinese imports in the event that no negotiations took place. If the third round of tariffs is implemented, it would cover all Chinese imports.
Market Realist•5 days agoHow Far Could the US and China Go with Import Tariffs?
The US–China (FXI) trade war is heating up and is starting to hurt the global supply chain. The United States is imposing tariffs on several Chinese imports in an effort to pressure China to abandon its unfair trade practices and to protect American intellectual property. China is retaliating with higher tariffs on US imports.
Market Realist•5 days agoThe US Semiconductor Industry Feels the Tariff Pinch
President Donald Trump implemented the second round of tariffs on $200.0 billion in Chinese (FXI) imports on September 24. During the announcement of the second round of tariffs, Trump also warned that his administration planned to impose a third round of tariff on another $267.0 billion in Chinese imports. If Trump implements this latest round of tariffs, almost all Chinese imports would fall under this program.
- Zacks•5 days ago
China Cuts Rate for Fourth Time: ETFs in Focus
China cuts reserve requirement ratio for the fourth time to boost infrastructure and combat trade war woes, putting related ETFs in focus.
Market Realist•6 days agoCould the Currency War Ignite the Trade War?
Earlier in the year, President Trump authorized doubling the Section 232 tariffs on Turkey after the country’s currency fell. Weak domestic currencies make a country’s exports competitive in the global market. Previously, President Trump wanted to call China a “currency manipulator.” Since he took office, President Trump has backed off.
Market Realist•6 days agoIs 2018 Worse than 2008 for the Chinese Economy?
Over the weekend, China’s central bank lowered the reserve requirements to pump more liquidity into the system. The cut marked the fourth reserve requirement ratio cut in 2018. Along with easing the money supply and lending rules, China has announced tax cuts and infrastructure investments to shore up its economy.
Market Realist•6 days agoWhy the Global Economic Mood Soured in 2018
Towards the end of 2017, the term “synchronized global growth” cropped up. Markets started to price strong global growth in 2018. Copper, an indicator of global economic activity, rallied almost 8% in December 2017 and ended the year with 31.3% gains. Earlier in 2018, the IMF raised its 2018 global economic growth forecast to 3.9% from 3.8%.
- Market Realist•7 days ago
As the Trade War Hurts Growth, China Is Using Its Old Playbook
The US–China trade war has taken a toll on Chinese equity markets. Some of the recent data points from China also indicate that the trade war is hurting growth. The Caixin/Markit survey showed China’s manufacturing PMI at 50 in September.
Market Realist•7 days agoHow the Trump Administration Is Encircling China
US automotive companies such as Ford (F) and Tesla (TSLA) are paying higher tariffs on the cars they export to China. Recently, the United States approved the sale of some military hardware to Taiwan—a move that hasn’t gone over well with China (FXI).
Market Realist•7 days agoTrump’s New Round of Tariffs on Chinese Imports Could Hurt Intel
Donald Trump imposed a second round of tariffs on $200 billion in Chinese (FXI) imports on September 24. With these tariffs, Trump looks to force China to reduce its trade surplus with the United States, improve American intellectual property protection, and give US-based companies greater access to Chinese markets.
Market Realist•7 days agoHas Chinese Steel Demand Peaked?
According to an October 1 Bloomberg article, citing an Australian government report, steel “production in China will peak in 2018 and then shrink next year as local demand drops.” This isn’t the first time that concerns over peak Chinese steel demand have cropped up.
Market Realist•7 days agoIntel Penetrates China’s 5G and AI Markets
As Intel (INTC) is facing delays in its core CPU (central processing unit) market, it’s important for the company to secure a large share of the optical photonics market and other 5G (fifth-generation) and AI markets. At the Intel 5G Network Summit in China (FXI), the company revealed its 5G developments in the country.
Market Realist•7 days agoWhat Would China 2.0 Bring the Global Economy?
China’s economic growth was led by higher infrastructure investments and growing exports. Companies like Apple (AAPL) used China as a manufacturing base due to its low-cost advantage. China has started to gradually progress from an investment-driven economy to a consumption-driven economy.
- Yahoo Finance Contributors•2 days ago
What to expect from the stock market this week
