The biggest Chinese exchange-traded fund in the US is losing money faster than any other country-focused ETF, even as the lowest valuations since 2008 convince brokerages in the Asian nation that it\'s time to buy. Investors pulled a net $961.2 million from the iShares FTSE China 25 Index Fund this year, the most among 140 single-country ETFs that trade on US markets, according to data compiled by New York-based research firm XTF Inc. The outflows coincided with a decline in the Shanghai Composite Index\'s price-earnings ratio using estimates for the next year to 11.6, a valuation last seen during the financial crisis in November 2008. Valuations in the Shanghai Composite slumped after the country\'s central bank raised lender reserve requirements 12 times since the start of 2010.
GMT 12:01 2018 Tuesday ,23 January
Bahrain Bourse daily trading performanceGMT 19:16 2018 Monday ,22 January
TRA responds to hoax Dh5,000 VPN fine SMSGMT 13:09 2018 Sunday ,21 January
Bahrain Bourse daily trading performanceGMT 13:50 2018 Friday ,19 January
US SEC says bitcoin funds raise ‘investor protection issues’GMT 06:50 2018 Friday ,19 January
European stocks mostly advance on bright global outlookGMT 09:12 2018 Thursday ,18 January
European stock markets join global downtrendGMT 17:06 2018 Wednesday ,17 January
China temporarily waives taxes to get foreign firms to stayGMT 17:01 2018 Wednesday ,17 January
JPMorgan Chase earnings drop on weak trading, tax itemsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor