|Bid||60.25 x 3100|
|Ask||61.39 x 1300|
|Day's Range||59.47 - 61.10|
|52 Week Range||50.00 - 67.84|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-5.24%|
|Beta (5Y Monthly)||1.00|
|Expense Ratio (net)||0.59%|
What’s bad news for investors in U.S.-listed China-based stocks is good news for short sellers, who made back almost everything lost this year after the Senate approved the Holding Foreign Companies Accountable Act.
Strained relations between China and the U.S. stir up new risks in the stock market as both counties try to navigate through the pandemic economic collapse.
Here is a look at ETFs that currently offer attractive short selling opportunities. The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to be in a downtrend based on the fact that its 50-day moving average is below its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading above its 20-day moving average, thereby offering a near-term “sell on the pop” opportunity given the longer-term downtrend at hand. Note that this prospect list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
The Covid-19 virus remains an active situation in China and for some investors, assets in the world's second-largest economy aren't worth gambling on right now. One way to stay abreast of coronavirus happenings in China while monitoring possibly reentry into Chinese stocks is with the iShares MSCI China ETF (MCHI) . “The $5.06 billion MCHI holds almost 600 stocks, giving investors a deep bench compared to some other US-listed China ETFs,” reports Nasdaq.
Investors can expect a heavy dose of volatility for China’s online commerce giant Alibaba during Thursday’s trading session as its set to report fiscal third-quarter earnings. Moreover, investors will ...
While value bargain hunters may look to the pullback in China as a buying opportunity, ETF investors should reconsider the urge. “For a long time I thought the market sentiment was so strong that we could overcome a mounting list of economic uncertainty,” Economist Mohamed El-Erian told CNBC. It’s going to paralyze China.
The stock market is unlikely out of hot water when it comes to the realities stemming from the coronavirus.
Stocks have taken a big hit in the past week on Wuhan coronavirus fears, but Chinese stocks have gotten hit especially hard. Not surprisingly, short sellers have been particularly active in certain Chinese ...
This figure from S3 Partners includes shorting of ETF shares worth $62 million and equities worth $275 million. The top China-centric ETFs being targeted by short sellers include the ISHS MSCI China ETF (MCHI), ISHS China Large Cap ETF (FXI), Kraneshs CSI China Internet Fund ETF (KWEB) and SPDR S&P China ETF (GXC). Travel restrictions are in place throughout China's major cities and health screenings are increasing at major airports in Asia and Europe.
Index-based ETFs mirror the moves of their underlying holdings. Consequently, if China’s government extends the hiatus on its financial markets, investors using ETFs to access this emerging market will ...
China country-specific ETFs were the hardest-hit areas of the market Monday as investors assessed the extent of the coronavirus outbreak and worried about the potential negative effect it will have on the economy. Among the worst-performing non-leveraged ETFs of Monday, the KraneShares CSI New China ETF (KFYP) decreased 4.9%, CSOP FTSE China A50 ETF (AFTY) plummeted 5.1% and iShares MSCI China A ETF (CNYA) declined 5.5%. Meanwhile, the iShares MSCI China ETF (MCHI) , the largest China ETF by assets, fell 3.6%.
China's market and country-related ETFs were among the hardest hit on Tuesday after a new coronavirus, or the "Wuhan pneumonia", killed six and fueled fears of a larger outbreak that could disrupt the economy. On Tuesday, the iShares MSCI China ETF (MCHI) fell 3.5%, SPDR S&P China ETF (GXC) declined 3.5% and Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) decreased 3.1%. A similar coronavirus outbreak of severe acute respiratory syndrome, or SARS, also upended Asian markets and economies in late 2002 after it killed 774 people.
As the formalization of the Sino-US trade deal nears, China's recently-released export data for December looks encouraging. In such a scenario, we highlight some ETFs that can gain.
As we re-evaluate our investments for the new year, ETF investors should reconsider emerging market exposure to diversify their portfolios. Armando Senra, who runs iShares Americas for BlackRock, sees increasing “interest in China,” which was “always a good play” to include in a portfolio, CNBC reports. “That said, for 2020, I would pivot to emerging markets,” Senra told CNBC.
China's markets and country-specific ETFs led the charge on Thursday after Chinese officials announced monetary easing to start off the New Year. Among the best performing non-leveraged ETFs of Thursday, the KraneShares CSI China Internet Fund (KWEB) increased 6.0%, Invesco Golden Dragon China ETF (PGJ) jumped 5.6% and Invesco China Technology ETF (CQQQ) advanced 5.2%. Meanwhile, the iShares MSCI China ETF (MCHI) , the largest China-related ETF by assets, rose 3.1%.
While the Chinese industrial sector saw profits rise at their fastest pace in eight months over November, China country-specific ETFs are still susceptible to weakness in domestic demand that could weigh ...