FXI - iShares China Large-Cap ETF
| Previous Close | 40.10 |
| Open | 40.13 |
| Bid | 40.04 x 29200 |
| Ask | 40.05 x 800 |
| Day's Range | 39.87 - 40.37 |
| 52 Week Range | 37.85 - 54.00 |
| Volume | 26,175,169 |
| Avg. Volume | 37,121,479 |
| Net Assets | 5.84B |
| NAV | 41.57 |
| PE Ratio (TTM) | N/A |
| Yield | 3.60% |
| YTD Return | -7.76% |
| Beta (3Y Monthly) | 1.34 |
| Expense Ratio (net) | 0.74% |
| Inception Date | 2004-10-05 |
- Market Realist•2 hours ago
Opportunities for Investors in China in 2019
In a new report, we examine the growing opportunities for investors to gain exposure to China’s equity and bond markets, from key policy changes to their inclusion in equity and fixed income benchmarks. China’s economic engine accounts for roughly a fifth of global output, yet foreign investors own a mere fraction of the mainland markets’ stocks and bonds due to years of restrictive government policies. The progress has given global index providers more confidence to include mainland China stocks and government bonds in benchmarks.
Market Realist•4 hours agoIntel’s Management Highlights 2019 Headwinds
Intel (INTC) is reporting strong earnings in 2018 despite manufacturing issues and its lack of a permanent CEO. The real challenge for Intel will likely begin in 2019, when competition from Advanced Micro Devices (AMD) picks up and the US-China (FXI) trade war sees further developments. This year has been a remarkable one for Intel’s earnings, as it’s witnessed unexpected demand in the PC and server markets, from which it earns more than 85% of its revenue.
Market Realist•7 hours agoCould Market Risks Restore Investor Confidence in Gold in 2019?
Could Market Risks Bring Investors Back to Gold in 2019? As we’ve discussed in this series, market uncertainty is increasing after an unusually calm 2017 and part of 2018. The major sources of uncertainty are expected to be the looming trade war between the United States and China (FXI), the coming earnings and margins deceleration, the Brexit deal, and the Fed’s policy path.
Market Realist•7 hours agoWhy China’s Sweet Talk Might Not Impress President Trump
Today, Chinese President Xi Jinping delivered a speech on the occasion of the 40th anniversary of China opening up its economy. The speech was closely followed amid China’s slowdown and its trade spat with the United States (SPY). While Jinping talked about reforms and opening up the Chinese economy (FXI), the speech didn’t offer any specifics.
- Market Realist•8 hours ago
What Will the Fed’s December Meeting Mean for Markets?
The market is expecting to pare its anticipated rate hike outlook for 2019 from the current three to two or even one. While the US labor market is firm, the inflation pressures have yet to show up, which is causing investors to anticipate an easier policy path going forward.
Market Realist•yesterdayAre Global Markets Waiting for another Black Monday?
“Black Monday” refers to the stock market crash on Monday, October 19, 1987. The crash was pre-empted by investors’ fears that the broader market (VTI) was entering a bear market cycle and concerns about slowing economic growth. Other negative global factors also played a role in the crash. On Black Monday, the S&P 500 saw (SPY)(QQQ) about 20.5% value erosion in a single day.
Market Realist•yesterdayCould Jinping’s Speech Be Underwhelming?
On December 18, Chinese President Xi Jinping will deliver a key speech as China marks the 40th anniversary of opening up its economy. The speech will likely be closely scrutinized amid the US-China trade spat and the softening Chinese economy (FXI).
Market Realist•yesterdayLatest News: NIO ES6 Specifications and Prices
On December 15, NIO (NIO) launched its second mass-market electric car—ES6. The company launched the ES6 during its NIO Day 2018 event in Shanghai. NIO is also often referred to as the “Chinese Tesla.” Let’s discuss the ES6’s key specifications.
Market Realist•yesterdayFed or China: Who Could Bring the Cheer This Week?
This week, two key events will unfold that could have broad macroeconomic consequences. On December 18, Chinese President Xi Jinping will give a speech as China marks the 40th anniversary of China’s opening up its economy. The speech will likely receive a significant amount of attention amid the US-China trade spat and a softening Chinese economy.
- Market Realist•4 days ago
Can Gold Continue to Rise on Equity Market Weakness?
The contradictory statements from White House officials, Trump’s tweets, and the arrest of the Huawei CFO in Canada dimmed the outlook for a permanent trade deal between the US and China (FXI). Equity markets also took cues from the bond market, which portended a slowdown ahead.
Market Realist•4 days agoChina’s Uxin Up ~150% in Six Days: Analysts Still See 61% Upside
The broader market sell-off is intensifying as US-China trade uncertainties and concerns over the slowing global economy are badly hurting investors’ sentiments. However, some stocks are still giving investors a reason to celebrate.
- Market Realist•4 days ago
Piper Jaffray Cut Apple’s Target Price
In the last few weeks, many brokerage firms have cut Apple’s (AAPL) target price. Last month, Goldman Sachs (GS) slashed Apple’s 12-month target price from $209 to $182. Goldman Sachs cut the target price due to lower-than-expected demand for the iPhone XR and slowing demand for Apple products in China (FXI). On December 4, analysts at HSBC downgraded Apple’s rating to a “hold” from a “buy.” HSBC thinks that Apple’s hardware growth will be stagnant.
Market Realist•4 days agoCould Apple Cost Warren Buffett a Fortune This Time?
Apple (AAPL) is continuing to lose investors’ confidence in the fourth quarter. Apple stock has already fallen 24.3% sequentially as of December 13. Apple investors (XLK) are concerned about weak new iPhone sales and tariffs in the fourth quarter. On December 14 at 10:10 AM EST, Apple stock fell 2.2% from the previous session’s closing price.
Market Realist•4 days agoEricsson Is Banking on 5G for Revenue Growth
Ericsson (ERIC) claims that the global 5G market is experiencing strong momentum. According to Ericsson’s Mobility Report, “In the United States, one of the major communications service providers launched a 5G home internet service at the beginning of October, and all four of the country’s major service providers have publicly announced that they will begin providing 5G services between late 2018 and mid-2019.”
Market Realist•4 days agoGet Over China: It’s Pretty Much a Global Slowdown Now
Some of the recent data points from China including retail sales (WMT) (AMZN), industrial production (BA), and automotive sales have spooked markets. The country’s trade data was also dismal, as it showed both exports and imports growth slowing to multi-month lows. Soft Chinese exports reflect a slowing global economy, while lower imports are associated with moderating demand in China.
Market Realist•4 days agoTesla Bulls Relax: There’s Plenty of Metal for Electric Vehicles
Vehicle electrification has been the emerging theme in metal markets. Last year, during its annual investor update, Glencore, the mining and trading giant, spent a considerable amount of time discussing vehicle electrification and how the company’s product portfolio is placed to capture the opportunity. Vehicle electrification is certainly for real.
Market Realist•4 days agoWill China’s Growing Pain Push It to Resolve Trade Dispute?
China’s (FXI) National Bureau of Statistics reported industrial output and retail sales growth data for November on December 14, 2018. Both of these data points came in below the market’s expectations. The industrial output grew by 5.4% YoY, which is its slowest pace in almost three years.
Market Realist•4 days agoChina Says Economy Is ‘Stable and Sound,’ Markets Disagree
On December 13, China released several economic data points for November. The National Bureau of Statistics said in the note accompanying the data release that the “national economy maintained stable and sound momentum of development in November.” However, markets weren’t impressed with the data. Let’s see why the data points spooked the markets (SPY).
- Market Realist•4 days ago
How Fitbit’s Revenue Growth Is Trending
Fitbit Has Continued to Struggle in 2018: What's Next? Fitbit (FIT) seems to be focusing more on the smartwatch segment with the launch of the Versa and Fitbit Ace for kids. According to market research firm Gartner, the wearable device is set to grow by 26% this year driven by smartwatch sales.
Market Realist•4 days agoWill Ericsson Benefit from Huawei’s US and International Bans?
Will Ericsson Stock Continue Its Stellar Run in 2019? According to IHS Markit, China’s (FXI) Huawei led the global mobile infrastructure market at the end of 2017 with a share of 28%, up from 25% in 2016. Huawei was, in fact, the only major player to gain market share.
Market Realist•4 days agoChina’s Steel Demand Indicators Are Painting a Scary Picture
China (FXI) is the world’s largest steel consumer. The real estate and automotive sectors are the two largest steel end consumers in China. China’s property market has been in a state of decline for the past few months.
- Market Realist•5 days ago
Fitbit Continues to Lose Ground in the Global Wearable Market
According to market research firm IDC, Fitbit (FIT) occupied the third position in the global wearable market. Fitbit reportedly shipped 3.5 million units in the third quarter, a fall of 3.1% compared to shipments of 3.6 million units in the same period last year. Fitbit’s shipments fell YoY in a market that is experiencing robust growth. The global wearable market rose 21.7% YoY to 32 million units in the third quarter of 2018.
Market Realist•5 days agoPresident Trump Isn’t Alone in Blaming China for Its Policies
The United States (QQQ) wants China (FXI) to lower its trade deficit with the United States, address intellectual property theft cases, and stop its industrial subsidy, especially under the Made in China 2025 program.
Market Realist•5 days agoWhy China Might Need a New Economic Model Now
According to Trading Economics, the country’s GDP growth averaged an impressive 9.6% between 1989 and 2017. China’s GDP growth rate hasn’t suddenly decelerated—it has gradually tapered down. Given China’s current GDP size, no one expects the country to grow in the double digits like it did a decade ago.
Market Realist•5 days agoCitigroup: Trade War Damage in China Is Already Done
As reported by Bloomberg, Citigroup economists think that the damage to the Chinese economy is already done. In the 2019 economic outlook report, Citigroup economists, led by Liu Li-Gang, gave several reasons for the argument. The economists estimate that the ongoing trade war could cut China’s export growth by almost half in 2019, which would put ~4.4 million jobs at risk.
