Notable companies
The most notable companies in this group are PDD Holdings (NASDAQ:PDD), Tencent Music Entertainment Group (NYSE:TME), Vipshop Holdings Limited (NYSE:VIPS), iQIYI (NASDAQ:IQ).
Industry description
The investment seeks to track the price and yield performance, before fees and expenses, of the WisdomTree China ex-State-Owned Enterprises Index.
Under normal circumstances, at least 80% of the fund's total assets (exclusive of collateral held from securities lending) will be invested in constituent securities of the index and investments that have economic characteristics that are substantially identical to the economic characteristics of such constituent securities. The index is a modified float-adjusted market cap weighted index that consists of common stocks in China, excluding common stocks of "state-owned enterprises." The fund is non-diversified.
Market Cap
The average market capitalization across the WisdomTree China ex-State-Owd Entpr ETF ETF is 25.25B. The market cap for tickers in the group ranges from 1.29B to 161.78B. PDD holds the highest valuation in this group at 161.78B. The lowest valued company is JKS at 1.29B.
High and low price notable news
The average weekly price growth across all stocks in the WisdomTree China ex-State-Owd Entpr ETF ETF was -0%. For the same ETF, the average monthly price growth was -6%, and the average quarterly price growth was 8%. TME experienced the highest price growth at 7%, while IQ experienced the biggest fall at -8%.
Volume
The average weekly volume growth across all stocks in the WisdomTree China ex-State-Owd Entpr ETF ETF was 23%. For the same stocks of the ETF, the average monthly volume growth was 48% and the average quarterly volume growth was -2%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 44
P/E Growth Rating: 62
Price Growth Rating: 67
SMR Rating: 67
Profit Risk Rating: 90
Seasonality Score: 7 (-100 ... +100)