SPDR S&P China ETF (GXC)
| Assets | $414.62M |
| Expense Ratio | 0.59% |
| PE Ratio | 12.79 |
| Shares Out | 5.30M |
| Dividend (ttm) | $2.31 |
| Dividend Yield | 2.97% |
| Ex-Dividend Date | Jun 24, 2024 |
| Payout Ratio | 38.07% |
| 1-Year Return | +16.38% |
| Volume | 22,635 |
| Open | 77.46 |
| Previous Close | 77.35 |
| Day's Range | 77.44 - 78.20 |
| 52-Week Low | 59.45 |
| 52-Week High | 97.17 |
| Beta | 0.34 |
| Holdings | 1165 |
| Inception Date | Mar 20, 2007 |
About GXC
Fund Home PageThe SPDR S&P China ETF (GXC) is an exchange-traded fund that is based on the S&P China BMI index, a broad, market-cap-weighted index of investable Chinese shares GXC was launched on Mar 20, 2007 and is issued by State Street.
Top 10 Holdings
36.39% of assets| Name | Symbol | Weight |
|---|---|---|
| Tencent Holdings Limited | 0700 | 12.14% |
| Alibaba Group Holding Limited | 9988 | 6.22% |
| Meituan | 3690 | 4.01% |
| China Construction Bank Corporation | 0939 | 2.89% |
| PDD Holdings Inc. | PDD | 2.65% |
| Xiaomi Corporation | 1810 | 2.09% |
| JD.com, Inc. | 9618 | 1.82% |
| Industrial and Commercial Bank of China Limited | 1398 | 1.61% |
| Bank of China Limited | 3988 | 1.50% |
| Trip.com Group Limited | 9961 | 1.45% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2024 | $0.626 | Jun 28, 2024 |
| Dec 18, 2023 | $1.687 | Dec 27, 2023 |
| Jun 20, 2023 | $0.833 | Jun 27, 2023 |
| Dec 20, 2022 | $1.333 | Dec 29, 2022 |
| Jun 21, 2022 | $0.763 | Jun 28, 2022 |
| Dec 20, 2021 | $0.902 | Dec 28, 2021 |
News
GXC: China Stocks Soar After Bullish Monetary Policy News
I have a buy rating on the SPDR S&P China ETF (GXC) due to its low P/E ratio, improving technical trends, and favorable seasonality. GXC offers exposure to a broad range of Chinese equities, including...
Chinese Investors Are Excited About the Market. 3 Lingering Questions.
Government statistics are starting to suggest that consumer sentiment in China is nudging for the better.
How investors can participate in the China stock rally
China stocks (^HSI) have extended their rally after the People's Bank of China unveiled new stimulus measures in an effort to recover its struggling economy. Todd Rosenbluth, VettaFi Head of Research,...
1 Reason To Buy And 2 Reasons To Sell Chinese Stocks
Chinese stocks have entered a new bull market, driven by significant policy measures and momentum, but long-term investment risks remain high. Despite recent rallies, deteriorating fundamentals and ex...
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...
GXC: Downgraded To Hold After The Monster Move
China is facing difficulties in transitioning its economy from manufacturing-driven to high-value goods and services, and government policies have also impacted its growth. The Chinese government has ...
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...
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.
GXC: China's 'Year Of The Dragon' Rally Still Has Legs
After years of negative returns, Chinese stocks are back. Backed by a much-improved macro/micro setup, this rally likely still has legs. Funds heavier on offshore listings, like GXC, could outperform ...
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...
JPMorgan is 'positive' on China stocks and 'constructive' on real estate as Beijing props up markets
JPMorgan's view on China stocks is "tilted in the positive direction," said Wendy Liu, the firm's chief Asia and China equity strategist. Liu, who expects the index to hit 3,900 by the end of the year...
China markets: We maintain our strategy of focusing on alpha selection, RBC strategist says
Jasmine Duan, senior investment strategist at RBC Wealth Management Asia, says it continues to like high dividend yield stocks.