Seeking Alpha

iShares MSCI Hong Kong ETF (EWH)

  • Jan. 17, 2012, 1:52 AM
    China's urban population surpassed its rural population last year for the first time in the country's 5,000-year history, intensifying the challenge of providing jobs and social services. (see also: China GDP)
  • Jan. 13, 2012, 12:54 PM
    Forget nibbling around the edges of a shrinking trade surplus or currency adjustments, last quarter's fall in China's fx reserves means a flood of capital is exiting the country, writes Tom Orlik. Property and stock prices are falling and the yuan is no longer a one-way bet. "All of the normal arguments for investors to keep their money in China no longer apply."
    | Comment!
  • Jan. 13, 2012, 2:17 AM
    China's forex reserves dropped to $3.18T at the end of Q4 from $3.2T at the end of Q3, the first quarterly drop since 1998 and the Asian financial crisis. A lack of transparency in China's official data makes the decline hard to explain, but contributing factors likely included capital outflows, a shrinking trade surplus and euro weakness.
  • Jan. 11, 2012, 1:14 PM
    Barclays updates its skyscraper index, noting more than half of the 124 giants to be completed in the next 6 years are in China. Not just in the major cities, Barclays notes the "frenzied activity" is spreading to smaller towns. "The writing, so to speak, would seem to be already on the glass curtain walling."
    | 1 Comment
  • Jan. 11, 2012, 9:29 AM
    Last night's modest fall in Shanghai (-0.4%) broke a 3-day rally that saw the index gain 6.4% - the largest such move since 2010. Credit Suisse was out with a contrarian note arguing the PBOC may continue to hike interest rates this year as inflation remains high. December price data is due out tonight.
    | Comment!
  • Jan. 10, 2012, 7:35 AM
    Hearing of Beijing's move to "encourage" institutions into stocks (and out of housing?), one is reminded of Paul Krugman (along with Pimco's Paul McCulley), circa 2002, famously urging Alan Greenspan to create a housing bubble to replace the busted Nasdaq Bubble.
  • Jan. 10, 2012, 7:29 AM
    Among the reforms pledged by China's securities regulator is an "active" push to encourage pension, housing funds, and insurers to begin investing in the stock market. The Shanghai Composite likes the news, rising 2.7%, it's 3rd consecutive move higher.
    | Comment!
  • Jan. 10, 2012, 7:23 AM
    For 2011, China's trade surplus clocks in at $155B, down 14.5% from 2010, giving more ammo to Beijing which is making noises about slowing down or even halting the yuan's appreciation against the dollar. The yuan rose 4.7% against the greenback in 2011, it's strongest move in memory. Don't expect a repeat this year.
    | Comment!
  • Jan. 10, 2012, 2:20 AM
    China's import growth fell to a two-year low in December, rising 11.8% Y/Y. Exports rose 13.4% in December, causing the trade surplus to increase to $16.5B in the month.
    | Comment!
  • Jan. 10, 2012, 2:13 AM
    China leads Asian markets up, getting a boost after a top official at China's stock market regulator said the agency will press forward on deeper institutional reforms. Japan +0.4%. Hong Kong +0.8%. China +2.7%. India +1.6%.
    | Comment!
  • Jan. 9, 2012, 2:19 AM
    Over the weekend, Chinese Premier Wen Jiabao called for efforts to boost confidence in the country's stock market, increased oversight of its financial markets, and rule changes to allow private-capital investment in banks and insurers. If put in place, the policies could be a positive short- and long-term catalyst for China.
    | Comment!
  • Jan. 6, 2012, 1:42 PM
    Follow the Shanghai Composite as it's been an excellent leading indicator for U.S. stocks, says Jeff Gundlach in his 2012 outlook. Turning to the bond market, he's bullish on the greenback, putting most of his funds in dollar-denominated assets, but also nibbling at emerging market credit (EMB). As for high yield (HYG), he doesn't believe it's yet cheap enough.
    | Comment!
  • Jan. 5, 2012, 7:05 AM
    Chinese shares gave up early gains to finish the day down 1% following weak results from China Vanke, the country's largest property developer. At $924M, sales posted the 5th straight month of declines and were off 30% from a year earlier. For 2011, sales beat out 2010 by 12.4% despite the loss of momentum in H2. Vanke shares -2.7%.
    | Comment!
  • Jan. 5, 2012, 4:15 AM
    HSBC China services PMI held steady at 52.5 in December. Though activity is at a three-month low, it caps off the seventh consecutive year of expansion for China's service sector.
    | Comment!
  • Jan. 1, 2012, 7:58 AM
    China's official December PMI rises to 50.3, beating estimates of 49.1 and last month's 49.0. The "festival effects" of the western New Year and upcoming Chinese celebrations helped boost the gauge, says the statistics bureau in a statement. HSBC's PMI also rose in December, but remained in contractionary territory at 48.7.
  • Dec. 30, 2011, 1:34 AM
    China’s manufacturing contracted for a second month in December, with HSBC's PMI coming in at 48.7 from 47.7 the month before. The weak manufacturing data adds pressure to officials to consider loosening monetary policy.
Visit Seeking Alpha's
EWH vs. ETF Alternatives
EWH Description
The iShares MSCI Hong Kong Index Fund seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Hong Kong market, as measured by the MSCI Hong Kong Index.
See more details on sponsor's website
Country: Hong Kong
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub