Notable companies
The most notable companies in this group are PDD Holdings (NASDAQ:PDD), Tencent Music Entertainment Group (NYSE:TME), Yum China Holdings (NYSE:YUMC), NIO Inc. (NYSE:NIO), Vipshop Holdings Limited (NYSE:VIPS), TAL Education Group (NYSE:TAL), iQIYI (NASDAQ:IQ), Weibo Corp (NASDAQ:WB), JOJOYY (NASDAQ:YY), Hello Group (NASDAQ:MOMO).
Industry description
The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of the S&P China BMI Index.
The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in depositary receipts based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in China available to foreign investors. The fund is non-diversified.
Market Cap
The average market capitalization across the SPDR® S&P China ETF ETF is 9.25B. The market cap for tickers in the group ranges from 80.68M to 158.32B. PDD holds the highest valuation in this group at 158.32B. The lowest valued company is IMAB at 80.68M.
High and low price notable news
The average weekly price growth across all stocks in the SPDR® S&P China ETF ETF was -4%. For the same ETF, the average monthly price growth was -3%, and the average quarterly price growth was 1%. CAN experienced the highest price growth at 31%, while DADA experienced the biggest fall at -19%.
Volume
The average weekly volume growth across all stocks in the SPDR® S&P China ETF ETF was -27%. For the same stocks of the ETF, the average monthly volume growth was -3% and the average quarterly volume growth was -24%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 50
P/E Growth Rating: 63
Price Growth Rating: 57
SMR Rating: 73
Profit Risk Rating: 93
Seasonality Score: -6 (-100 ... +100)