|Bid||0.00 x 1100|
|Ask||26.98 x 800|
|Day's Range||26.63 - 26.88|
|52 Week Range||21.51 - 30.79|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.12|
|Expense Ratio (net)||0.66%|
As U.S.-China trade negotiations broke down, the taste for China exchange-traded funds (ETFs) may have soured along the way, but that may soon change as the United States Trade Representative (USTR) office said on Tuesday that new tariffs on certain consumer items would be delayed until Dec. 15. In addition, other products were being removed from the new China tariff list altogether. “On May 17, 2019, USTR published a list of products imported from China that would be potentially subject to an additional 10 percent tariff.
While history does not always repeat, prudent investors should still be students of it. Please click here for a chart showing the yield curve. Please click here for an annotated chart of S&P 500 ETF (SPY) Even though many investors focus on the Dow Jones Industrial Average (DJIA) it is better to use the S&P 500 or Nasdaq 100 ETF (QQQ) For the sake of transparency, this is the same chart that was previously published without any changes.
The game of high stakes poker in the form of trade negotiations between the U.S. and China could reach unforeseen heights. In fact, China could be more willing to face the pangs of an economic downturn rather than give in to U.S. President Donald Trump and his trade demands, according to some analysts. It’s part of a strategy where China is willing to accept the attrition of hurting domestic businesses to hold out for a more favorable trade deal.
U.S. President Donald Trump's tweeting may have just paved the way for investors to purchase China-focused exchange-traded funds (ETFs) at a relative discount. China dropped the price of their currency to an almost a historic low. It’s called “currency manipulation.” Are you listening Federal Reserve?
Hawkish Fed outlook and renewed trade tensions shook the market to start August. These inverse ETF areas could be on a tear in the near term.
A new Shanghai exchange could be home to many of China’s 94 private companies worth over a billion dollars each.
We take a look at some Chinese ETFs in the wake of increasing number of U.S. manufacturers relocating their production units to other Southeast Asian countries.
Based on Morningstar data, the majority of smart beta exchange-traded funds (ETFs) have 10 times more exposure to developed markets versus emerging markets. Per an article in Barron's, "the MSCI Emerging Markets Index generated an annualized return of 16.7% from 1988 through 2017, while the broader index returned an average of 11.4%. Investors looking to utilize smart beta strategies or even get the best broad-based exposure in EM can use China as a viable starting point.
The Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) , one of the premier US-listed exchange traded funds tracking China A-shares, is up 5.53% over the past month, indicating the fund is benefiting from cooling trade tensions between the U.S. and China. “ASHR was one of the prime beneficiaries of the U.S.-China 'tariff truce' rally that gave stocks a shot in the arm on July 1,” according to Schaeffer's Investment Research. ASHR seeks investment results that correspond generally to the performance, before fees and expenses, of the CSI 300 Index.
China released its second-quarter figures on Monday, which revealed that its economy slowed to 6.2 percent, which represents its weakest rate in at least 27 years. The primary culprit for the slowdown ...
With Federal Reserve Chairman Jerome Powell paving the way for rate cuts during his testimony to Congress, China's central bank could essentially follow suit as it must react to its slowing economy. “If the Fed does go ahead and cut rates, which I don’t think is a given ... it simply means the PBoC has a little breathing room to see if the policies it has implemented have an impact on the real economy,” said Hannah Anderson, global market strategist at J.P. Morgan Asset Management. The Chinese economy is languishing amid a trade war with the U.S. Looser monetary policy would put less pressure on China’s central bank to ease monetary policy.
Despite the lingering uncertain outlook with trade disputes not yet settled, Chinese market and country-specific ETFs still offer opportunities for investors. “Regardless of what ultimately happens with the China trade tensions, there is a robustness to China that doesn’t exist anywhere else in the emerging markets,” Lewis Kaufman, a portfolio manager at Artisan Partners, the Artisan Developing World (ARTYX), told CNBC. It’s very difficult to access domestic demand through the vehicles we would wish to use in so many emerging-market countries,” Kaufman add.
In particular, investors have had a penchant for A-Shares the last 12 to 18 months, which represent China's biggest and best equities. Furthermore, they represent pure-play opportunities as China continues to expand access to its markets. Eugene Qian, president of UBS Securities, said that an estimated $70 billion “should come into A shares by the end of the year." Of course, a tangible trade deal could even mean more interest in Chinese shares.
China country-specific ETFs were leading the charge Monday after President Donald Trump and Chinese President Xi Jinping agreed on a stay in the prolonged trade war and renewed trade talks. Among the best ...
Asian Stocks Down, Europe Berates Iran on Nuclear Deal Chinese stocks (NYSEARCA:ASHR) are down this morning on news that President Trump didn’t actually promise Chinese President Xi Jinping a six-month hiatus on new tariffs, as widely reported in the media yesterday. So 25% tariffs on $300 billion Chinese goods coming into the US could come […]The post Market Morning: No China Promises, Democrats Debate, New Age Crossfire, Russian Stocks Bullish appeared first on Market Exclusive.
Asian Markets Turn Bearish as China Says It's Not Afraid to FightTrade war here to stay?Yesterday, Asian markets largely shrugged off Trump’s comments about imposing fresh tariffs if he and Xi Xingping don’t meet in China. Markets in fact rose
China country-specific exchange traded funds rallied Tuesday after Beijing paved the way for more spending on infrastructure. Among the best performing non-leveraged ETFs of Tuesday, the KraneShares CSI ...
China A-shares exchange traded funds have dipped into a bear market territory as the emerging Asian market suffers from the prolonged trade spate with the U.S. The underlying benchmark tracks the performance of the 100 largest and most liquid China A-share stocks listed and trading on the Small and Medium Enterprise (“SME”) Board and the ChiNext Board of the Shenzhen Stock Exchange. Meanwhile, the more widely observed Xtrackers Harvest CSI 300 China A ETF (ASHR), which tracks track the CSI 300 Index, plummeted 14.7% off its highs.
DWS Group today announced that 15 of its Xtrackers exchange-traded funds (ETFs) will be available commission-free on TD Ameritrade’s ETF Market Center, including the high-yield and China A-share suites on June 3, 2019. “We are pleased to be able to provide our Xtrackers ETFs to TD Ameritrade clients,” said Fiona Bassett, Global Co-Head of Passive Asset Management and Global Co-Head of Product. “As a global asset manager, we are looking to provide investment advisors and individual investors with access to new markets and sectors in a cost-efficient and transparent way.
Emerging Asia: Jakarta and Shanghai Gained, Other Indexes FellTip of the icebergHaving a state-run media helps countries like China make veiled threats and test the waters.On May 29, China’s People’s Daily, a state-run newspaper, published a
Chinese Indexes Surge even though Trump Isn't Ready for a Deal(Continued from Prior Part)Chinese indexes The Chinese indexes closed on a high for the third consecutive day today. The Shanghai Composite Index rose 18 points, or 0.61% today.
Most Asian Indexes End the Week on a Good NoteAsian marketsDespite the disappointing PMI data for May around the world, most Asian markets ended in the green on May 24.On May 23, President Trump announced a $16 billion bailout package for farmers
China Readies for 'Long March' as Modi Is Set to Win in IndiaThe long marchChinese Premier Xi Jinping urged citizens to embrace “the new long march” amid rising trade tensions with the United States. With this term, he is asking people to be