CHIQ: Opportunities In The China Consumer Market Overlooked
Summarize this article with:
Dylan Waller887 FollowersFollow5ShareSavePlay(9min)CommentsSummaryThe Global X MSCI China Consumer Discretionary ETF offers targeted exposure to 58 leading Chinese consumer discretionary companies.CHIQ provides a differentiated China allocation, as the broader MSCI China index is dominated by finance, communications, and tech, with only 31% in consumer stocks.Chinese equities, including CHIQ holdings, trade at a discount to other emerging markets, contrasting with premium valuations in Taiwan and India.CHIQ's top 10 holdings represent approximately 55% of assets, and the ETF charges a 0.65% management fee on $214 million AUM. ChengYang/iStock via Getty Images Global X MSCI China Consumer Discretionary ETF Opportunity Overview China's equity market has been overshadowed by other dominant Asian emerging markets in the past few years. Chinese equities have declined by around 13% in the past fiveThis article was written byDylan Waller887 FollowersFollowI am interested in frontier/emerging stock markets and other international markets (i.e. Japan/Korea). My articles will primarily focus on stocks I am monitoring now based on quality of management/emerging market exposure/valuation.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.