|Bid||61.73 x 2900|
|Ask||61.75 x 1000|
|Day's Range||61.41 - 62.46|
|52 Week Range||53.12 - 67.84|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-1.58%|
|Beta (5Y Monthly)||1.52|
|Expense Ratio (net)||0.59%|
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.
The coronavirus crisis has shaken the Chinese people and inflicted considerable harm on households and businesses. A silver lining: Maybe the government will spend more on health care.
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 ...
The emergence of the newest coronavirus sent Chinese stocks plunging. China is better prepared than the last crisis, in 2003, but it also has a much larger impact on the global economy. For now, investors shouldn’t think of bargain-hunting.
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.
Strategists are waiting for signs the virus has been contained and for new cases to plateau. They’re also looking for companies to issue the first earnings warnings and for China’s GDP to get dinged.
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 ...
Although the outbreak could hurt the global economy, strategists see a possible buying opportunity ahead as they look to the People’s Bank of China and the Federal Reserve to offer some relief. While many Asian markets were closed for the Lunar New Year holiday, the (MCHI) (MCHI) fell 4.5%, to $60.49. The pneumonia-like virus that began in the Chinese city of Wuhan has infected more than 2,700 people and killed at least 80, according to Chinese authorities.
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%.
Virus fears affected stocks around the world as the China coronavirus continued to spread, with a fifth confirmed case in the U.S. China stocks fell hard.
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.
The next developments in U.S.-China tensions may be sector-oriented, with technology likely to stay in the crosshairs between the two countries.
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.