GXC and MCHI hold 335 and 141 stocks, respectively, compared to just 51 in FXI.
Spurred by policy easing, Hong Kong-listed stocks are expected to move higher into the end of the year as the People’s Bank of China could be supportive of Chinese equities and the relevant U.S.-listed. The PBOC is already one of more than 20 global central banks to lower interest rates this year. In February, the PBOC extended its stimulus measures, reducing financing costs for businesses and potentially reigniting growth in the economy. [China ETFs get a PBOC Boost]
With Chinese A-shares, the stocks that trade on the mainland, expensive relative to their Hong Kong-listed counterparts, ETFs such as FXI, GXC and MCHI could see increased inflows as investors for perceived value with Chinese stocks. The Hang Seng trades at just over half the P/E of the Shanghai Composite and more than a quarter of A-shares have P/E ratios over 100.
iShares China Large-Cap ETF
