Global X MSCI China Information Technology ETF (CHIK)
| Assets | $11.14M |
| Expense Ratio | 0.65% |
| PE Ratio | 10.12 |
| Shares Out | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Frequency | n/a |
| Payout Ratio | n/a |
| Volume | n/a |
| Open | 13.20 |
| Previous Close | 13.20 |
| Day's Range | 13.20 - 13.20 |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta | n/a |
| Holdings | 1 |
| Inception Date | Dec 7, 2018 |
About CHIK
The Global X MSCI China Information Technology ETF (CHIK) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market cap-weighted index of Chinese large- and mid-cap companies in the information technology sector. The index includes A shares. CHIK was launched on Dec 7, 2018 and is issued by Global X.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 28, 2023 | $0.04758 | Jan 8, 2024 |
| Jun 29, 2023 | $0.05737 | Jul 10, 2023 |
| Dec 29, 2022 | $0.01597 | Jan 9, 2023 |
| Jun 29, 2022 | $0.02044 | Jul 8, 2022 |
| Dec 30, 2021 | $0.02059 | Jan 7, 2022 |
| Jun 29, 2021 | $0.04061 | Jul 8, 2021 |
Performance
CHIK had a total return of -24.51% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.62%.
News
Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets
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China: January 2024 CPI Inflation Fell To The Lowest Level Since 2009, Likely To Mark The Bottom
China's January CPI inflation was weaker than forecast at -0.8% YoY, which marks the lowest level since September 2009. We expect this to mark the bottom of the current cycle.
China Begins Year Of The Dragon With Weak Economic Momentum
The Chinese economy is stabilising, but the only fireworks will come from the new year celebrations, which begin on February 11, as momentum remains weak. China's GDP growth for the fourth quarter ros...
China Growth Could Slow Amid Limited Policy Options
While recent policy announcements and data surprises have generated some optimism, we maintain a cautious stance on China's economic prospects. We believe weak consumption trends, a downbeat labor mar...
China Outlook: Market Rescue Welcomed, But More Needed
In response to the recent China equity market rout, policymakers vowed last week to stabilize the market through more forceful measures. Despite a very positive initial market reaction (an 8% rebound ...
China Canary Warns About Global Economy And The Downside To Euphoria
Chinese stock prices have lost money in the 16 years since 2007 and are now back near 2005 levels. Chinese treasury bonds have rallied sharply as beaten-up capital capitulates out of riskier markets a...
Global X ETFs To Liquidate 19 ETFs
NEW YORK , Jan. 19, 2024 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds, today announced the scheduled liquidation of the following ETFs (the "Funds"), based on an...
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India's potential for economic growth lies in its young population, business-friendly reforms, and technology sectors. To unlock this potential, India needs long-term policies to address structural co...
China PMI Signals Tentative Growth Revival, Prices Edge Higher
Mainland Chinese economy shows signs of regaining growth momentum in November, with higher output, new orders, and improved business conditions. Business expectations remain below average, leading to ...
China: Momentum Waned In October
PMI data for October showed momentum in China's economy waned following recent improvements in hard activity data. By industry type, most manufacturing sectors experienced a slowdown in growth in Octo...
China: September Inflation Flirting With Disinflation Again
September's inflation data remind us that despite some firming in activity indicators recently, China's economic recovery remains challenged, and is perhaps behind recent rumours of a slightly more ac...
China Could Derail Japan's Fragile Recovery
The IMF, the World Bank, and the United Nations all rank China and Japan as the second and third largest economies on the planet. More of what is occurring in the markets should reflect what is happen...
How China Is Dodging The Doom Loop
While China's economy is still struggling, it is at least not getting incrementally worse and there are some pockets of improvement. Exports continue to decline in year-on-year terms, but the rates of...
China Focus: Are Investors Being Too Pessimistic?
As China accelerates stimulus across multiple sectors, its sluggish economy is showing early signs of recovery, boding well for the A-share market. For most of 2023, sentiment toward China's A-share m...
China's Growth Is Slowing: What Does It Mean?
While slower growth in China will impact the global economy and financial markets, we think the short-term pain is necessary to avoid bigger problems down the road. China's economy is in the early sta...
China's Property Slump Takes Center Stage
China's economic performance has been extremely disappointing since the lifting of lockdowns late last year. While diverse, much of the financial stress and deepening economic weakness can be traced b...
China Could Be A Ticking Time Bomb
China's economic troubles, including the Evergrande bankruptcy, could lead to a global credit collapse. The Chinese government is in a difficult position, trying to revive the economy while defending ...
Short Interest Climbs Higher Across The Asia Real Estate Management And Development Sector
Falling sales in Asia's real estate sector are causing short interest to increase, putting pressure on property developers. China's property industry, historically a key driver of economic growth, is ...
China Is No 1990s Japan - But It Could Have Been
Talk of deflation for China is well wide of the mark, and obsessing over historical growth rates misses the point that 5% growth is sustainable and about the right pace of growth for an economy of Chi...
Weak Start To Third Quarter For China As PMI Signals Divergent Sector Growth And Inflation Trends
The post-pandemic recovery in mainland China lost further momentum in July. The headline Caixin PMI, compiled by S&P Global, signalled a cooling in the rate of output growth for a second successive mo...
China Is 'Losing Its Mojo'
Normally, a weak dollar fuels commodity price inflation, but deflationary forces are keeping commodities in check. Russia announced last week that it is pulling out of the international agreement that...
Under The Macroscope - A Nimble Bull In A China Shop
Over the past six months, China's reopening has not delivered the growth that President Xi Jinping and his government favor, and so policy is beginning to shift. Those in the bearish camp are flagging...
China's Rebound Starts With Consumption
According to data from the National Tax Administration, retail sales revenue this Chinese New Year holiday increased by 12.4% compared to the 2019 holiday. Most of the growth came from travel-related ...
ETF Trends To Watch In 2023: Active Munis, Global Appeal, And Dividend Funds
Active fixed-income ETFs allow portfolio managers to stay nimble and avoid sectors and parts of the credit spectrum that might encounter increased stress. There are now a growing number of dividend ET...
China Green Shoots On Policy Pivots
In just a short amount of time following the 20th Party Congress, we have seen multiple green shoots in the Chinese market. After the Party Congress, we are seeing signs of coherent policy support in ...
What To Look For After China's 20th Party Congress
President Xi's political report to the 20th National Congress laid out the long-term vision and ideologies for the Chinese Communist Party, where development remains a top priority over the long term....
China Sector Outlook: Q4 2022
Q4 will mark the end of a challenging year for China's economy. However, the 20 measures to optimize zero-COVID could be the sign of a major shift in 2023.
China's Digital Economy: Divided But Growing
Increased regulation of China's consumer tech industry has seriously dented company revenues, with widespread implications. But the digitisation of industry - supported by government policies - provid...
China After The National Party Congress: 3 Challenges Facing The Country
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 Chin...
China Still Investible--If You Know Where To Look
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 th...
What To Expect From China's 20th Party Congress
The basic power division in China is between the Party and the state apparatus. The most interesting personnel changes will be those affecting members of the Politburo Standing Committee.
China's Central Bank And Monetary Policy's Role In Its Economy
Among other central banks, China's has a relatively high degree of freedom. Like China's economy, the PBoC's monetary policy principle has evolved to be part market-driven, part discretionary-policy-d...
China: August Activity Better But Still Soft
The slew of data for August released by China got off to a bad start with a 0.29% MoM decline in new home prices. There were some encouraging signs elsewhere, suggesting that the lockdowns in August d...
China Sector Outlook: Q3 2022
China faced significant setbacks in Q2 2022 as a surge in Omicron cases brought Shanghai into approximately a two-month lockdown. The convergence of headwinds in 2022 is prompting Beijing to maintain ...
Asian Exports Are Softening
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 ris...
Pandemic Headwinds Hamper China's Recovery
As China's pandemic hangover wears on (and on), we believe the country's economic recovery will be bumpy and subdued. China's nascent first-quarter recovery sputtered when the new Omicron variant stru...