CHIQ / CHIQ: Chinese Consumer Discretionary Stocks Are Cyclically Appealing But Overvalued

The MSCI China Consumer Discretionary ETF has outperformed broad-based China ETFs. Chinese consumption has held up better than the rest of the economy more_horizontal

China ETFs bounced back lately on hopes of policy stimulus, both fiscal and monetary. more_horizontal

CHIQ is a concentrated way to play the return of the Chinese consumer in 2023. The ETF has outperformed the wider Chinese market over the past 3 and 5 more_horizontal

The Global X China Consumer ETF offers investors a low-cost proxy for the near-term rebound in Chinese consumption. With recent Lunar New Year data in more_horizontal

CHIQ invests in the Chinese consumer discretionary sector. The fund is almost certainly overvalued, although I admit there is the potential for positi more_horizontal

China's economy was already reeling last year following a real estate development crisis, but inflation and a resurgence of COVID-19 have already made more_horizontal

One persistent trend in the United States is that social distancing measures haven't stopped consumers from spending. That's certainly the case for th more_horizontal

CHIQ provides exposure to publicly-listed Consumer Discretionary stocks in the world's second-largest economy by GDP. China has had a difficult start more_horizontal