Global X MSCI China Consumer Discretionary ETF (CHIQ)
| Assets | $223.92M |
| Expense Ratio | 0.65% |
| PE Ratio | 17.83 |
| Shares Out | 11.14M |
| Dividend (ttm) | $0.50 |
| Dividend Yield | 2.52% |
| Ex-Dividend Date | Jun 27, 2024 |
| Payout Ratio | 45.00% |
| 1-Year Return | +12.27% |
| Volume | 43,602 |
| Open | 19.69 |
| Previous Close | 19.76 |
| Day's Range | 19.53 - 19.90 |
| 52-Week Low | 14.77 |
| 52-Week High | 25.00 |
| Beta | 0.49 |
| Holdings | 64 |
| Inception Date | Nov 30, 2009 |
About CHIQ
Fund Home PageThe Global X MSCI China Consumer Discretionary ETF (CHIQ) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund tracks a cap-weighted index of Chinese large- and mid-cap consumer discretionary companies. The index includes A shares. CHIQ was launched on Nov 30, 2009 and is issued by Global X.
Top 10 Holdings
55.99% of assets| Name | Symbol | Weight |
|---|---|---|
| Alibaba Group Holding Limited | BABAF | 8.47% |
| Meituan | 3690 | 8.33% |
| PDD Holdings Inc. | PDD | 8.14% |
| JD.com, Inc. | 9618 | 7.55% |
| BYD Co Ltd Class H | BY6.DE | 6.06% |
| Trip.com Group Limited | 9961 | 5.38% |
| Yum China Holdings, Inc. | YUMC | 3.72% |
| Geely Automobile Holdings Limited | 0175 | 2.86% |
| Li Auto Inc. | 2015 | 2.83% |
| ANTA Sports Products Limited | 2020 | 2.64% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | $0.130 | Jul 5, 2024 |
| Dec 28, 2023 | $0.367 | Jan 8, 2024 |
| Jun 29, 2023 | $0.031 | Jul 10, 2023 |
| Dec 29, 2022 | $0.016 | Jan 9, 2023 |
| Jun 29, 2022 | $0.061 | Jul 8, 2022 |
| Dec 30, 2020 | $0.022 | Jan 8, 2021 |
News
CHIQ: Beneficiary Of Shifting Household Sentiment And Policy Commitment In 2025
Policy commitments will likely strong in 2025, and it will have a sensitive impact on the equities market. With the current weak allocation of equities by households, a shift in such dynamic driven by...
CHIQ: Economic Struggles, External Pressures Will Continue To Weigh On China's Consumer Discretionary Sector
CHIQ invests in large-cap Chinese consumer discretionary stocks, but faces challenges from China's high household debt, housing market issues, and declining population. Despite a short-term boost from...
China's Policy Measures: A Pivotal Week?
China's policymakers have announced a significant package of easing measures designed to lift China from a state of entrenched economic weakness. The reception from global markets has been very positi...
China's Data Dump Shows That Time Is Running Out To Achieve This Year's Growth Target
Data largely came in weaker than already cautious forecasts, and with a less supportive base effect, we will need to see a significant stimulus push to reach this year's growth target. Looking at the ...
China Will Struggle To Hit Its 5% Growth Target This Year
Momentum in the Chinese economy has softened in the past few months as pessimism becomes increasingly entrenched. That suggests further supportive policy measures are needed.
Chinese Equities: How Investors Can Unlock The Power Of Dividends
Chinese companies are being encouraged to return cash to shareholders - and are finding good reasons to do so. Regulators are encouraging companies to focus on shareholder returns, and changing macroe...
China's Stalling Credit Market Signals an Era Of Stagnation
The latest figures published by the People's Bank of China show that credit and liquidity are stalling as demand for new loans declines. Deteriorating confidence in China's prospects explains why hous...
China's Key Growth Indicators Continue To Present A Case For Further Policy Easing
Data came in generally in line or slightly weaker than forecasts, as weak confidence continued to depress investment and consumption. New home prices fell by -0.65% MoM in July, compared to a -0.67% M...
The Chinese Economy Is In Trouble, Here Are The Warning Signs
China has been hit with two major crises as their financial and real estate sectors collapse simultaneously. Deflation, unemployment, divestiture, and lowered consumption are affecting all levels of s...
China's Credit Activity Remained Weak In July
New aggregate financing and loans both missed forecasts again in July amid high real interest rates and limited borrowing appetite. New RMB loans fell into contraction at RMB 770.8bn, lowering the yea...
CHIQ: Stable Valuations With A Balanced Macro Outlook
Although a diversified portfolio, CHIQ has many high-quality and high-growth stocks to drive returns through earnings. Market and economic movement are the primary concerns of near-term performance. T...
CHIQ: Could Be A Big Winner For China Investors
Bullish on China's markets due to potential momentum even if the economy doesn't reaccelerate. MSCI China Consumer Discretionary ETF offers exposure to growing middle-class spending on various goods. ...
China's Sluggish May Economic Data To Increase Calls For Rate Cuts
The People's Bank of China kept the one-year medium-term lending facility rate unchanged at 2.5% today, in line with market expectations. We believe that in conjunction with today's data releases and ...
China Accelerates Policy Support Rollout Amid Mixed Data
Key economic indicators are mixed in China and, in fact, were mostly weaker than expected last month. So, policymakers are now stepping up support for the property sector in particular.
China's May PMI Disappointed As Manufacturing Fell Back Into Contraction
Manufacturing sector PMI fell back into contraction amid weak orders and slowing production. Given a fairly strong positive correlation between the data, the disappointing PMI release sends a warning ...
Thinking Hard About The China Overproduction Narrative
Concerns about “overcapacity” arise primarily for goods linked to high-wage jobs, not for low-wage industries like clothing or toys. China sees its success as a result of a system that blends state co...
PBOC Held Rates Steady In March
The PBOC held the 1-year medium-term lending facility (MLF) rate at 2.5% in March. The PBOC remains on a dovish tilt, but depreciation pressure on the RMB limits room for monetary easing in China befo...
Enter The Dragon: Parsing Lunar New Year Opportunities Among Emerging Markets
China and Hong Kong markets had a humbling 2023 with equities down more than 10%. Beijing has also begun stepping up tourism and travel promotions, granting visa-free entry to 11 countries, with Singa...
CHIQ: Chinese Consumer ETF Is A Contrarian's Delight
The Global X MSCI China Consumer Discretionary ETF (CHIQ) is an undiscovered ETF with $230 million AUM. Despite concerns about the Chinese consumer, CHIQ offers an opportunity to invest in the uptrend...
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.
