iShares MSCI Hong Kong ETF (EWH)
Empowered Funds LLC Sells 35,521 Shares of iShares MSCI Hong Kong ETF $EWH
Empowered Funds LLC cut its position in shares of iShares MSCI Hong Kong ETF (NYSEARCA:EWH) by 70.2% during the undefined quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 15,048 shares of the exchange traded fund's stock after selling 35,521 shares during the
Top 4 catalysts that will drive the Hang Seng Index this week
The Hang Seng Index has stalled at a key resistance level as the recent momentum in China's technology sector fades. The index was little changed on Monday, trading at around 24,200, up 7.7% from its lowest level of the year.
Hong Kong plans tax cuts on bonus pay to lure top fund managers, sources say
Hong Kong is considering waiving tax on fund managers' performance bonuses in order to woo investment talent, say market participants and sources familiar with the plans.
Hong Kong overtakes Switzerland as world's top cross-border wealth hub on China ties, report shows
Hong Kong has overtaken Switzerland as the top global booking centre for cross-border wealth, a first that is unlikely to be reversed as hubs in Asia grow faster than the European safe-haven, Boston Consulting Group said on Wednesday.
CNBC's The China Connection newsletter: China is rewiring the Silicon Valley model — starting in Hong Kong
Hundreds of Chinese companies are lining up to list in Hong Kong. The activity is "much, much bigger" than anything seen in the last 35 years, said Gary Lock, Hong Kong-based partner at IPO advisory King and Wood.
iShares MSCI Hong Kong ETF (NYSEARCA:EWH) Shares Cross Above 50 Day Moving Average – Time to Sell?
iShares MSCI Hong Kong ETF (NYSEARCA:EWH - Get Free Report)'s stock price passed above its 50-day moving average during trading on Wednesday. The stock has a 50-day moving average of $21.96 and traded as high as $22.16. iShares MSCI Hong Kong ETF shares last traded at $22.06, with a volume of 2,566,087 shares traded.
Barings LLC Sells 19,798 Shares of iShares MSCI Hong Kong ETF $EWH
Barings LLC reduced its stake in iShares MSCI Hong Kong ETF (NYSEARCA:EWH) by 8.7% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 208,539 shares of the exchange traded fund's stock after selling 19,798 shares during the period. Barings
EWH: Financial Sector Strength Meets Real Estate Headwinds
EWH is rated hold after about a 41 percent surge, as valuation looks stretched and risks warrant patience before reentering at lower levels. Hong Kong's economy is stabilizing, supported by exports and financial services, but consumption remains weak and property markets struggle. EWH is highly concentrated in AIA Group and HKEX, with financials offering growth potential but real estate weighing heavily on performance.
EWH: Highly Concentrated In Below Average Businesses At Above Average Valuations
The iShares MSCI Hong Kong ETF (EWH) focuses on Hong Kong-listed stocks, avoiding many of the typical risks tied to ADRs and VIEs, which I view as a positive. The ETF is highly concentrated, with only 28 holdings and nearly 70% of total assets in the top ten holdings. Not ideal for an ETF. EWH's holdings trade at above average valuations, but the underlying business quality doesn't justify those premiums. Many holding show inconsistent earnings growth over the past 5 years.
EWH: The Recent Surge May Be A Dead Cat's Bounce
EWH's high exposure to financial and real estate sectors, impacted by China's housing bubble and weak economy, poses significant risks for investors. Despite a recent surge due to Chinese government stimulus, EWH's long-term earnings growth rate has been declining since 2012. EWH's current valuation is not expensive but isn't attractive either, given its weak earnings growth outlook and political risks.
EWH: Unsteady Macros, But Still Worth A Look
iShares MSCI Hong Kong ETF has underperformed global stocks, losing -15% of its value in the past year. Hong Kong's macroeconomic picture doesn't look too alluring, and its close correlation with Chinese equities is another limiting factor. However, Mainland Chinese investors are increasingly turning to Hong Kong equities, boosting overall turnover.
Hong Kong regulators approve launch of spot bitcoin and ether ETFs
Hong Kong regulators on Monday approved the launch of spot bitcoin and ether exchange-traded funds (ETFs), asset managers said.
EWH: China Remains The Contrarian Trade
iShares MSCI Hong Kong ETF offers exposure to the Hong Kong stock market and could potentially offer high returns if the market rebounds. The EWH ETF holds a portfolio of 31 stocks, with the top five positions making up 47% of the fund, including AIA Group and Hong Kong Exchanges and Clearing Limited. EWH has significant exposure to the real estate and financial sectors, which could negatively affect its performance if these sectors experience further downturns.
World Markets Watchlist: March 11, 2024
Our global markets watchlist tracks eight prominent indexes from economies around the world.
World Markets Watchlist: January 16, 2024
Three of the eight indexes on our world watch list have posted gains through January 16, 2024. Tokyo's Nikkei 225 finished in the top spot with a YTD gain of 6.44%.
EWH: Hong Kong Is A Contrarian Play Ahead Of Rate Cuts
After another big drawdown in 2023, Hong Kong equities have largely been written off by investors. But with the country about to import a big Fed easing cycle, this is a market that could surprise many this year. As the largest and most liquid vehicle, EWH remains a great way to express a single-country contrarian view on Hong Kong.
EWH: Will Hong Kong Stocks' Poor Performance Last Year Reverse This Year?
BlackRock's iShares Hong Kong ETF had a poor performance in 2023, with Hong Kong's Hang Seng Index declining for four consecutive years. In times like this, it is important to hold "quality stocks". We examine the top 10 holdings in EWH looking for quality.
World Markets Watchlist: December 11, 2023
Five of the eight indexes on our world watchlist posted gains through December 11, 2023. Tokyo's Nikkei 225 finished in the top spot with a YTD gain of 25.67%.
EWH: Hong Kong Stocks Are Catching A Cold
Hong Kong stocks are having one of their worst years on record. Through its peg, the country will continue to import 'higher for longer' rates into a weakening economy. EWH's large-cap portfolio isn't cheap enough yet; until Treasury rates ease, I would steer clear.
World Markets Watchlist: September 18, 2023
Seven of the eight indexes on our world watch list posted gains through September 18, 2023. Tokyo's Nikkei 225 finished in the top spot with a YTD gain of 28.51%.