Global X China Consumer ETF (CHIQ)
CHIQ Price and Sentiment
CHIQ Latest news
Chinese government has generally had some idea of how much risk Evergrande and other highly leveraged real estate companies pose since last year. Equity holders will most likely be wiped out, with holders of bond and wealth management products taking significant haircuts.
The impact of the policy remedy to China's property market excesses is spreading across global markets. But they would bounce hard on any evidence of a mitigation plan from Beijing.
A regulatory crackdown in Beijing caused many Chinese stocks to drop, creating new buying opportunities for buy-and-hold investors. The post 3 Top Chinese Stocks to Buy as Regulators Crack Down appeared first on InvestorPlace.
CHIQ will find it difficult to flourish and attract flows as long as regulatory risks persist. The recent Chinese retail sales numbers were weak and the previously reliable online segment too came off significantly.
Shares in China continue to post sharp year-to-date losses vs. an otherwise upside bias for global stocks, based on a set of exchange-traded funds tracking the world's major equity regions through yesterday's close (Aug. 25). Some investors see opportunity in beaten-down shares, but there's still a wide-ranging debate as the market prices in higher uncertainty driven by the vagaries of Beijing's evolving policy agenda.
These seven growth stocks to buy are down from their highs, but they have strong valuations that give them robust long-term prospects. The post 7 Beaten-Down Growth Stocks to Buy Now appeared first on InvestorPlace.
In the second quarter of 2021, China's economy grew at a pace of 7.9% year on year. Chinese sector dispersion in Q2 was 29.55%, versus 13.53% in the US.
The market sell-off of Chinese companies has accelerated in the past month due to increasing scrutiny from the Chinese regulators. Investor worries have also reached an all-time high and a number of investors have completely dumped their positions in Chinese companies.
Barron's screened Morningstar Direct for China-focused funds with less than a third of assets in six big internet companies.
The long-term and short-term consumer-themed fundamentals across China remain solid. The specter of regulatory risk is making it challenging for some of CHIQ's top holdings to flourish, although, it could also be argued if the recent selloff has been overdone.