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Thread: MSCI china ETF

  1. #1
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    Question MSCI china ETF

    This China fund is at its all time low atm ( $37 U S ) but Im wondering where is the bottom, as we all know China is in trouble but at some stage it will turn imho. ( -30% for the 1 yr and -9% year to date ) !!

  2. #2
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    Default Fools rush in where angels fear to tread

    Quote Originally Posted by whatsup View Post
    This China fund is at its all time low atm ( $37 U S ) but Im wondering where is the bottom, as we all know China is in trouble but at some stage it will turn imho. ( -30% for the 1 yr and -9% year to date ) !!

    Tokyo has overtaken Shanghai as Asia’s biggest equity market, while India’s valuation premium over China has hit a record.

    Meltdown in Chinese shares is ruining China's local asset management industry, pushing mutual fund closures to a five-year high.

    MSCI China Index has never been this cheap versus the S&P 500 on forward earnings estimates.

    BUT

    Asian fund managers have cut their allocation to China by 12% to a net 20% underweight. Foreigners are quitting China Equities when you look under the hood in Fund Flows, and this risk is set to grow if China keeps up its tensions with US, Taiwan, Philippines, India, South China Sea neighbours - to name a few.

    Signs that state funds likely bought ETFs and a decision by China’s largest brokerage to suspend short selling for some clients failed to halt Hang Seng China Enterprises Index HSCEI’s losing run.

  3. #3
    Advanced Member Valuegrowth's Avatar
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    Quote Originally Posted by beacon View Post
    Tokyo has overtaken Shanghai as Asia’s biggest equity market, while India’s valuation premium over China has hit a record.

    Meltdown in Chinese shares is ruining China's local asset management industry, pushing mutual fund closures to a five-year high.

    MSCI China Index has never been this cheap versus the S&P 500 on forward earnings estimates.

    BUT

    Asian fund managers have cut their allocation to China by 12% to a net 20% underweight. Foreigners are quitting China Equities when you look under the hood in Fund Flows, and this risk is set to grow if China keeps up its tensions with US, Taiwan, Philippines, India, South China Sea neighbours - to name a few.

    Signs that state funds likely bought ETFs and a decision by China’s largest brokerage to suspend short selling for some clients failed to halt Hang Seng China Enterprises Index HSCEI’s losing run.
    Funds managers and punters used to talk about Asia-Ex Japan. Instead, Contrarians and specialized funds bet Japanese and less know markets. They have become top winners.


    Last edited by Valuegrowth; 22-01-2024 at 02:31 PM.

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