The iShares MSCI Hong Kong ETF (EWH.US) is an exchange-traded fund with a market capitalization of $612.89 million as of August 17, 2023. Launched by BlackRock, Inc., the fund aims to track the performance of the MSCI Hong Kong Index, which represents the equity market of Hong Kong. It provides investors exposure to a diverse range of Hong Kong-listed companies.
The history of the iShares MSCI Hong Kong ETF is marked by its launch as part of the iShares family of ETFs, designed to provide efficient and cost-effective access to various global markets. Its inception aligns with the growing interest in international investments. This ETF offers investors a convenient way to participate in Hong Kong's equity market without directly owning individual stocks.
The share price of EWH.US has had its fair share of ups and downs over the past 5 years. The highest price reached by the ETF was $28.17 in May 2021, while the lowest price was $16.04 in October 2020.
Traders may consider using various trading strategies when analysing the ETF. Day trading, for instance, entails buying and selling the ETF within the same trading day to take advantage of short-term price movements. Position trading, on the other hand, involves holding the ETF for an extended period, usually months or years, to take advantage of long-term trends and mitigate short-term volatility.
When analysing the ETF, traders may also employ various tools and indicators to help them make informed decisions. Candlestick patterns, for instance, may be used to identify trends and reversal patterns within the price chart. Chart patterns, such as the head and shoulders or double tops, may also be used to identify potential price movements.
Before diving into trading the iShares MSCI Hong Kong ETF, it's essential to look at the competition in the market. As a trader, it's crucial to look at these competitors to make an informed decision. Below are the top competitors to the iShares MSCI Hong Kong ETF that are worth considering before you start trading:
- iShares MSCI China (MCHI.US) ETF tracks the MSCI China Index, offering exposure to a diverse array of Chinese companies listed in China and Hong Kong.
- iShares MSCI Japan (EWJ.US) ETF follows the MSCI Japan Index, providing investors access to a comprehensive selection of Japanese equities, reflecting the Japanese market's performance.
- iShares MSCI South Korea (EWY) ETF replicates the MSCI Korea 25/50 Index, giving investors exposure to a broad spectrum of South Korean stocks across different sectors.
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* The spreads provided are a reflection of the time-weighted average. Though Skilling attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.
The above spreads are applicable under normal trading conditions. Skilling has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions'.
Why Trade [[data.name]]
Make the most of price fluctuations - no matter what direction the price swings and without capital restrictions that come with buying the underlying asset.