🌟🌟🌟With the Spring Festival less than 1 week away, I believe that this is the time of increased spending and tourism in China. This is also the time where many Chinese will head back home to reunite with their family and celebrate China's most important festival.
$ISHARES A50(02823)$ is up 0.84% on Thursday and in 2024, iShares A50 ETF has risen 16%. This ETF represents 50 of the largest Chinese companies trading on the Shanghai and Shenzhen Stock Exchanges.
The Top 10 holdings include $Kweichow Moutai Co.,Ltd.(600519)$ $Contemporary Amperex Technology Co.,Ltd.(300750)$ $China Merchants Bank Co.,Ltd.(600036)$ $China Yangtze Power Co.,Ltd.(600900)$ and many more.
Dividends are paid annually. The current dividend yield is 2.09%.
I am bullish on this ETF as the Chinese authorities have introduced stimulus measures to improve the slowing economy.
@Tiger_comments @TigerStars @TigerClub @CaptainTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments