5 Asian ETFs to Buy in 2022

2. Global X MSCI China Financials ETF (NYSE:CHIX)

Global X MSCI China Financials ETF (NYSE:CHIX) is an exchange traded fund that targets the Chinese financials sector, exposing investors to all investable securities including China A, B and H shares, Red chips, P chips, and foreign listings, among others. The fund was incorporated in October 2009, and holds total net assets of $38.87 million, with an expense ratio of 0.65%. Global X MSCI China Financials ETF (NYSE:CHIX)’s portfolio consists of 95 securities and it offers a 30-day SEC yield of 4.53%, with a semi-annual distribution frequency. 

Ping An Insurance (Group) Company of China, Ltd. (OTC:PNGAY) is the biggest holding of Global X MSCI China Financials ETF (NYSE:CHIX), with 558,404 shares worth $3.4 million, representing 8.87% of the total portfolio. The company offers financial products and services for insurance, banking, asset management, fintech, and healthtech businesses in China. Ping An Insurance (Group) Company of China, Ltd. (OTC:PNGAY) has a market capitalization of $114.593 billion as of June 13.