ASHR Stock Recent News

X-trackers Harvest CSI 300 China A-Shares ETF tracks an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges. The ETF has almost 50% of its holdings in three sectors: finance, manufacturing and electronic technology.

It appears to us that there is less potential for support for the country's embattled housing sector in the near term. While there had already been restrictions on the export of high-end chips to China, Biden's recent announcement basically expanded the number of components that are restricted.

Our main takeaway from China's 20th Party Congress is the emphasis on security, implying further self-sufficiency—and potential investment opportunity—in the food, energy and technology sectors. At the time of writing, Chinese stocks have regained most of the decline immediately following the Congress, a decline precipitated by unreasonable expectations of positive policy change in areas such as Zero-COVID.

China is taking measures to support its property market, so declines are likely to ease—and even if they don't, we're not looking at a subprime crisis. A proactive Chinese invasion of Taiwan is a low-probability event in our view, at least over the near to medium term.

While high inflation is seen almost everywhere, the Chinese central bank, PBoC is more anxious about meeting the economic growth target. Year to date, it has been keeping policies supportive by cutting some of its key interest rates, including the medium-term lending facility (MLF) rate and loan prime rates (LPR).

Non-China Asian exports are still growing, but the pace of increase has slowed and will slow still further as key export destinations struggle with inflation, energy security, and rising recession risks. In year-on-year terms, the rate of overall export growth is now skirting single-digits again.

Despite a China country-specific exchange traded funds slipped Monday after new data showed the Chinese economy was suffering under Beijing's zero-tolerance COVID-19 policy. On Monday, the iShares MSCI China ETF (MCHI) fell 0.4%, the KraneShares Bosera MSCI China A Share ETF (KBA) declined 1.3%, and the Xtrackers CSI 300 China A-Shares ETF (ASHR) decreased 1.3%.

China's economy has struggled, but may be turning a corner. Why investors may want to consider Chinese stocks in their long game.

While China's economy is reopening from its coronavirus-induced lockdowns, investors shouldn't expect a swift rebound in country-specific exchange traded funds with market watchers warning of a drawn-out recovery. Over the past week, the iShares MSCI China ETF (MCHI) fell 7.4%, the KraneShares Bosera MSCI China A Share ETF (KBA) declined 4.

China country-specific exchange traded funds plunged Monday as rising COVID-19 cases rattles the emerging Asian economy that is just convalescing from its recent shutdowns. On Monday, the iShares MSCI China ETF (MCHI) fell 4.5%, the KraneShares Bosera MSCI China A Share ETF (KBA) declined 3.0%, and the Xtrackers CSI 300 China A-Shares ETF (ASHR) decreased [.