Claymore/AlphaShares China Small Cap Index ETF (HAO)
Symbols:
HAO Forum Topics
- All Comments on HAO
- General Discussion on HAO
- International ETF Update: Japan, China, Australia [view article]
- China's Biggest Real Estate Developer Approved for IPO [view article]
- The Power of the Market: 600 Million People in China Lifted Out of Poverty Since 1981 [view article]
- Single Country Emerging Markets ETFs, ETNs and Closed-End Funds [view article]
- Single Country Asia ETFs, ETNs and Closed-End Funds [view article]
- China Now a Major Player in Fruits and Vegetables [view article]
- China, Volatility and the Winter Storm [view article]
- China Will Feel the Brunt of This Demographic Shift [view article]
- Morgan Stanley: Why China Will Avoid the Post-Olympic Blues [view article]
loading ...Recent HAO Articles
- International ETF Update: Japan, China, Australia
- The Power of the Market: 600 Million People in China Lifted Out of Poverty Since 1981
- China's Biggest Real Estate Developer Approved for IPO
- Single Country Emerging Markets ETFs, ETNs and Closed-End Funds
- China Now a Major Player in Fruits and Vegetables
- China Will Feel the Brunt of This Demographic Shift
- Morgan Stanley: Why China Will Avoid the Post-Olympic Blues
- China, Volatility and the Winter Storm
- New China 'Smaller Company' ETF
- New Small Cap ETF Gives Investors Fresh China Angle
- Full List of Articles »
International ETF Update: Japan, China, Australia [view article]
thank you for the symbols of a few ETFs I did not know about. Replyk
China's Biggest Real Estate Developer Approved for IPO [view article]
As with politics, all real estate is local. While there may be short-term bubbles in the hot Beijing and Shanghai mkts, China continues to urbanize at a rate and scale never experienced previously in history. Look to the second-tier cities, where property remains modestly priced and growth continues unabated. Xi'an, for example, just published its city development plan:"Under Xi'an's new development plan, which was approved by the State Council of China on May 10, 2008 and covers the years 2008 through 2020, the population of the Main City Zone is expected to grow from 3.1 million people in 2007 to 4.5 million in 2010 and 5.28 million in 2020.
The new development plan also specifies that the average living area per person in the Main City Zone will increase from 161 square feet in 2007 to 237 square feet in 2010 and 355 square feet in 2020. To meet the new living area specifications, 567.4 million square feet of new housing will need to be built by 2010, and a total of 1.4 billion square feet of new housing will need to be added in the intervening 13 years from today to meet the new minimum specification by the end of 2020."
This is typical of growth projections for large cities in China. A recent McKinsey report estimated that China will soon have a billion urban residents, an increase from the present 650 million or so -- an increase roughly equivalent to the present population of the US.
Chinese real estate development has a considerable run ahead, with the occassional Beijing bubble along the way.
Disclosre: I own China Housing and Land Development (CHLN: NASDAQ)
Reply
The Power of the Market: 600 Million People in China Lifted Out of Poverty Since 1981 [view article]
When China joined WTO in 2001, she admit that China is not a free market economy but promised to become one by 2016. Instead of honestly reform the market, China is resorting to their favorite tactic of arm-twisting other countries to "accept" China as a "Market economy". Poor African countries were first to fall in line. The latest one to join the club is Switzerland under some dubious circumstances. But America and European Union still refuse to recognize China as "a free market economy". All the exports are subsidized one way or another. Then how in the world someone in the US will declare China as "a free market capitalism"? ReplyThe Power of the Market: 600 Million People in China Lifted Out of Poverty Since 1981 [view article]
"Free market capitalism"!!! What a joke! China has a "market", but it is controlled and manipulated by communist party. It is definitely not "free". The communist party never denied their control of the market and they are very proud of it. Who are getting rich and super-rich? Not an average Chinese. In China, income distributions (inequality) is worse than any Latin American countries. ReplyThe Power of the Market: 600 Million People in China Lifted Out of Poverty Since 1981 [view article]
In the United States, poverty line is defined as income less than $8,000 for a family of 3 living in 48 contiguous states. China uses definition of United Nations, which defined poverty as living on less than $1.25 a day, $456 a year. Even adjusted for PPP (purchasing power parity), it is equivalent to $900.00 per year. To most people, that level of income is "misery" level income. Now Chinese have elevated themselves from "misery" to "poverty". Yet, 14% of Chinese still live in "misery" level. Chinese are improving their living standard, but let's be realistic. ReplyThe Power of the Market: 600 Million People in China Lifted Out of Poverty Since 1981 [view article]
Socialism is not a economic system or political system but a religion. It must be kept out of govenment which it always destroys.Nazism and communisum are both socialistic. A little evil is still evil. Reply
The Power of the Market: 600 Million People in China Lifted Out of Poverty Since 1981 [view article]
Correction: Capitalism works when combined intelligently with socialism. Worldwide.In the U.S., which eschews "socialism," unbridled capitalism
has destroyed our financial institutions, government,
health care system, affordable housing for citizens of modest means, peaceful nation, dollar, government surpluses, traditional mainstream religions, society and Western Civilization in general.
So many of our great cities are now third world areas.
To paraphrase..."Whi... most continue to struggle, the ruling GOP line their pockets with the nation's wealth, denying the majority of basic rights (affordable housing, education and health care, livable wages), and causing incalculable damage to (America's) environment." So very interesting how your paragraph so applies to life in America after thirty years of Republican rule and the end of "the level playing field." Reply
China's Biggest Real Estate Developer Approved for IPO [view article]
There's a huge oversupply of empty shell buildings and new construction in China. R/e returns have been driven by capital gains not revenue streams and now-falling asset values aren't recognized on the books.Some branches of government are trying to stop the investment in real estate to moderate the impact of a potentially imploding bubble. It even appears floorspace is being artificially held off the market to try and hide the problem.
Real estate developers, construction companies, and government in China are closely linked. The idea of an entrepreneurial class of developers is China is unrealistic. Corruption is a major part of the game. R/E is probably one of the worst investments in China at present.
Yes, real estate will help combat inflation as real prices will continue to fall. The huge glut of money in China has nowhere to go and is being devalued by an under-estimated monetary inflation problem. Reply
The Power of the Market: 600 Million People in China Lifted Out of Poverty Since 1981 [view article]
Amazing that the CCP gets any credit for reform when they ran China into the ground for 40 years. The success since then should be seen against the catastrophic failures between 1949-1978, including millions who died in a government-policy inspired famine.Moving from USD $1 to USD $2 per day is important when you're dirt poor, but not much to celebrate. While most continue to struggle, the ruling CCP elite line their pockets with the nation's wealth, denying the majority of basic rights, and causing incalculable damage to China's environment.
Is this really the measure of success? China should expect and demand more. Reply
China's Biggest Real Estate Developer Approved for IPO [view article]
Actually the issue is not a over supply of empty shell buildings. Demand and supply are in equilibrium.The demand however is concentrated heavily with speculators, therefore big price swings are the norm in China.
The very fact that the once hated real estate industry is now the darling of the government. The government has done nothing but try and reduce capital to the real estate industry. However because of the need to build so much new property due to the Sichaun diaster and the reality that the 'make-shift' infrastructure china has in place in inadequate (evidenced by the snow storms and earthquake), the government realises the need for further development.
I have said from the very start that a building boom will ensue after the earthquake as a 'cause and effect' consequence of lifting restrictions of capital invetsment in the sector. This is very symbolic of letting real estate companies raise money on the market.
There is a huge glut of money looking for a home, I believe the home will be real estate business. Lets not forget by international standards even taking rmb fx rate into consideration, China property is dirt cheap. Having researched property prices in every major city in the world, I am amazed at the very low price of property.
I expect a similar picture to what happend in the stockmarket to happen in property, on the way up and down.
Also it is the best domestic investment against inflation.
Which looks like its here to stay for a while.
Reply
The Power of the Market: 600 Million People in China Lifted Out of Poverty Since 1981 [view article]
So what do the blacks in US think about poverty? Depends, liberal or conservative!Liberals can never be happy, conservatives look around and count their blessings.
Obama will try to convince conservative blacks that things have never been worse. Let us pray that truth will be exposed to the light of day, and that pandering in the black churches will end with some dramatic moves by the IRS... before, not after the elections!
Kind of makes you wonder how they measure poverty in China? Reply
China's Biggest Real Estate Developer Approved for IPO [view article]
Wait until China's real estate glut works itself out before you buy. It's difficult to make money from an oversupply of empty shell buildings.In any case, government should get out of the real estate business instead of asking minority investors to buy in and finance their whims and boondoggles. Reply
Jackson
Single Country Emerging Markets ETFs, ETNs and Closed-End Funds [view article]
Update: We just added the new Northern Trust Israel ETF to the list, the NETS TA-25 Index Fund (TAV). Heather Bell writes about this ETF:"TAV, however, is not the first of its kind. The iShares complex already offers the competing iShares MSCI Israel Capped Investable Market Index Fund (NYSE Arca: EIS), which charges 0.68%. In a departure for the NETS family, TAV is actually more expensive than its corresponding iShares ETF: It charges 0.70%. EIS was only launched in late March, so it hasn't had time to gain much of a foothold - Northern Trust may be looking to compete with it more on the basis of the underlying index than on price."
Her full article is here:
seekingalpha.com/artic... Reply
Jackson
Single Country Emerging Markets ETFs, ETNs and Closed-End Funds [view article]
Update: We just added in the new China ETF from Northern Trust. ReplyJackson
Single Country Asia ETFs, ETNs and Closed-End Funds [view article]
Thanks ETFlover -- we've added in the Thailand ETF.We've also added the new China NETS ETF from Northern Trust. There's an article comparing it to the other China ETFs here:
seekingalpha.com/artic... Reply