Notable companies
The most notable companies in this group are PDD Holdings (NASDAQ:PDD), Trip.com Group Limited (NASDAQ:TCOM), Tencent Music Entertainment Group (NYSE:TME), Yum China Holdings (NYSE:YUMC).
Industry description
The investment seeks long-term capital appreciation.
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in the common and preferred stocks of companies located in China. China includes its administrative and other districts, such as Hong Kong and Macau. The fund seeks to invest in companies capable of sustainable growth based on the fundamental characteristics of those companies.
Market Cap
The average market capitalization across the Matthews China Active ETF ETF is 37.88B. The market cap for tickers in the group ranges from 6.39B to 158.32B. PDD holds the highest valuation in this group at 158.32B. The lowest valued company is LKNCY at 6.39B.
High and low price notable news
The average weekly price growth across all stocks in the Matthews China Active ETF ETF was -5%. For the same ETF, the average monthly price growth was -4%, and the average quarterly price growth was 2%. DIDIY experienced the highest price growth at -2%, while TCOM experienced the biggest fall at -9%.
Volume
The average weekly volume growth across all stocks in the Matthews China Active ETF ETF was -33%. For the same stocks of the ETF, the average monthly volume growth was -22% 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: 59
P/E Growth Rating: 63
Price Growth Rating: 50
SMR Rating: 60
Profit Risk Rating: 81
Seasonality Score: 50 (-100 ... +100)