ASHR: Betting On The Chinese Economy At A Time Most Investors Are Fearful
The Xtrackers Harvest CSI 300 China A-Shares ETF offers wide exposure to the largest and most liquid stocks in mainland China. Despite concerns about valuations, at least compared to H-shares, and a high expense ratio of 0.65%, ASHR provides diversified access to the Chinese A-share market. Individual foreign investors can't access the Chinese A-share market on their own, making ASHR a valuable investment vehicle.
ASHR: Chinese Large Caps Fall Back Toward Support With A Cheap P/E
ASHR offers a compelling buy-the-dip opportunity with a low P/E ratio and improving earnings estimates, despite recent volatility. The ETF has a diversified large-cap portfolio with significant exposure to Financials, Industrials, and Information Technology sectors. ASHR's technical setup shows support between $25-$26, with bullish seasonality expected in November, making it an attractive investment.
5 ETFs That Gained Investors' Love Last Week
ETFs pulled in $19.5 billion in capital last week, with international equity ETFs leading the way. China ETFs registered strong inflows.
Strong Performance for Chinese ETFs Amidst A-Share Market Holiday
During the "Golden Week" when the Chinese A-share market was closed, overseas Chinese stocks and funds experienced notable gains. The Nasdaq Golden Dragon China Index rose 3.1%, reaching its highest level since February 2, 2023, with a weekly gain of 11.9%.
ASHR: Silver Linings To The China Weakness
All hope is not lost for Chinese large-caps. Through the pessimism, the fundamental value here is hard to ignore. Also keep an eye out for technical support in the near-term.
What Slowdown? These China-Focused ETFs Are Outpacing the S&P 500
Shares in Chinese companies have seen a reversal in fortunes after a few rough years, and some China-focused exchange-traded funds (ETFs) are now outperforming the S&P 500 this year.
