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), TAL Education Group (NYSE:TAL), iQIYI (NASDAQ:IQ), Weibo Corp (NASDAQ:WB), JOJOYY (NASDAQ:YY).
Industry description
The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE China RIC Capped Index.
Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the index and in depositary receipts representing such securities. The index is based on the FTSE China Index and is designed to measure the performance of Chinese large- and mid-capitalization stocks, as represented by H-Shares, B-Shares and A-Shares. The fund is non-diversified.
Market Cap
The average market capitalization across the Franklin FTSE China ETF ETF is 22.7B. The market cap for tickers in the group ranges from 358.53M to 158.32B. PDD holds the highest valuation in this group at 158.32B. The lowest valued company is DADA at 358.53M.
High and low price notable news
The average weekly price growth across all stocks in the Franklin FTSE China ETF ETF was -4%. For the same ETF, the average monthly price growth was -4%, and the average quarterly price growth was 1%. YY experienced the highest price growth at 8%, while DADA experienced the biggest fall at -19%.
Volume
The average weekly volume growth across all stocks in the Franklin FTSE China ETF ETF was -31%. For the same stocks of the ETF, the average monthly volume growth was -4% and the average quarterly volume growth was -44%
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: 69
Price Growth Rating: 61
SMR Rating: 60
Profit Risk Rating: 90
Seasonality Score: 15 (-100 ... +100)