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iShares MSCI China ETF (MCHI)

  • Sep. 19, 2012, 12:08 PM
    Noting Chinese indices are loaded far too much with financial stocks, WisdomTree launches its ex-financials China Dividend ETF (CHFX). To the the question of why one would want to invest in a country where the financial sector may be weak going forward, Jeremy Siegel says look no further than the U.S., where stocks have proven they can do just fine as financials sag.
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  • Sep. 13, 2012, 8:32 AM
    More signs Chinese shares are closer to a bottom than a top, U.K. insurer Avvia becomes the latest to exit the country's mutual fund industry. Once the must-go destination for global asset managers, China's mutual fund assets are down 25% over 5 years despite a tripling in fund offerings. A 60% decline in shares will do that.
  • Sep. 13, 2012, 7:24 AM
    Shanghai goes its own way again, off 0.8%, with the entirety of the decline coming near the end of trading after state media downplays the odds of a 2008-style stimulus. "A massive stimulus plan is not only unlikely, but would be detrimental to the country's sustainable growth."
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  • Sep. 12, 2012, 7:05 AM
    "Be it monetary or fiscal, we still have ample strength," says Chinese Premier Wen Jiabao, trying to assure Beijing has the bullets necessary to support the economy. No one doubts the government has the necessary tools, but some question whether leadership has the appetite to use them. Shanghai +0.3%, Hong Kong +1.1%.
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  • Sep. 9, 2012, 11:03 PM
    One-third of publicly listed Chinese companies suffered negative cash flow in Q2, according to the FT, as the slowdown spreads from construction, machinery and chemicals to those industries expected to lead the supposed rebalancing of the economy - retail, healthcare, electronics. While non-performing bank loans have yet to be affected by the cash crunch, those classified as overdue leapt 29%.
  • Sep. 7, 2012, 7:02 AM
    When severely beaten-down markets get the slightest bit of good news, watch out. Shanghai soars nearly 4%, first getting a pop from yesterday's big rally in the West, and then a jolt from Beijing's roll-out of major road building plans. Chatter grows about further action - possibly a reserve ratio cut - over the weekend. FXI +2.1% premarket.
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  • Sep. 5, 2012, 7:01 AM
    The Hang Seng, -1.5%, suffers its worst loss in 6 weeks, led by a 4% decline in China Minsheng Bank after a JPMorgan downgrade. Also hammered are coal producers amidst reports of sky-high inventories and a 10% dive in Shandong coking coal prices last week. Yanzhou Coal (YZC) fell 6.2%.
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  • Sep. 3, 2012, 11:01 AM
    Markets are getting keyed up about possible Chinese stimulus, but China may stand fast. Its economy, though slowing, is still growing at a reasonable rate, and Chinese policymakers need to tread carefully with the economy ahead of this year's transition to new political leadership.
  • Sep. 2, 2012, 7:54 AM
    It's always struck as curious the way capitalists (at least nominally so) put their faith in a group of Beijing Mandarins to guide the Chinese economy into just the right spot. Goldman's Paul O'Neill describes the government's muted response to the severe growth slowdown as maybe a clever way of achieving the vaunted rebalancing of the economy. (latest PMI data)
  • Aug. 30, 2012, 9:12 AM
    Maybe hoping to put a charge into flagging stock prices, China introduces a pilot program to allow brokerages to offer margin lending, as well as stock lending for shorts. A market without shorts is a market that never experiences a rush higher from short-covering.
  • Aug. 29, 2012, 7:10 AM
    After a 1-day rally, Shanghai (-1%) resumes its downtrend, the composite index falling to its lowest level since early February 2009. It's earnings seasons in China and the reports continue to disappoint even lowered expectations. Air China (AIRYY.PK) said profit fell 77% in H1 as rising fuel costs combined with the slumping economy.
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  • Aug. 28, 2012, 7:13 AM
    A sign of strength or desperation? Baoshan Iron & Steel soars 10% in Shanghai after announcing it will buy back up to $787M of its beaten-down shares. The refiners - namely Sinopec (SNP) and PetroChina (PTR) - join the rally as speculation falls on these giants as the next to commence repurchases. Shanghai +0.9%.
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  • Aug. 27, 2012, 7:02 AM
    Shanghai ignores a rally in the West on Friday and posts a 1.8% decline as poor earnings reports continue to roll in. "The situation in China has gone beyond a soft landing already," says an asset manager. "Corporate earnings are really deteriorating there."
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  • Aug. 24, 2012, 7:35 AM
    Shanghai falls 1% to its lowest level since March 2009, led by Maanshan Iron & Steel (a 16-year low) and Shanxi Coal, which both reported steep drops in earnings. Also not helping is a report from Xinhua News Agency saying Beijing has ordered local governments not to relax property controls.
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  • Aug. 20, 2012, 5:26 PM
    An under-reported story has been the Shanghai Composite, which hit a three-year low today and whose divergence with the S&P 500 has reached "stunning" proportions. Hopes turn to government stimulus as evidence of decelerating growth has mounted, but this weekend's report of rising property prices gives Chinese policymakers less flexibility to ease.
  • Aug. 20, 2012, 7:18 AM
    China is in good news is bad news mode (remember the 90s when a strong U.S. retail sales report could cause stocks to drop), as a better-than-expected report on housing prices sends Shanghai -0.4%. Strong data makes it less likely Beijing will ease policy. It seems trader dependence on central banks transcends oceans and cultures.
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MCHI Description
The iShares MSCI China Index Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI China Index.
See more details on sponsor's website
Country: China
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