Global X MSCI China Materials ETF Price & Performance (CHIM)

Electric vehicle sales in China surged by 37% year-over-year in March, with BYD, Xpeng, and Li Auto all posting significant gains. Overseas sales hit record highs, but new tariffs from the US, EU, and Brazil are raising concerns. Industry consolidation is expected to improve profitability among top automakers.12

The Global X MSCI China ETF (3040) was added to Stock Connect in July 2024, enabling mainland Chinese investors to trade this Hong Kong-listed ETF. This move marks the third Mirae Asset ETF eligible for Southbound trading, reflecting growing demand for diversified China-focused investment vehicles.34

China added 39.5GW of solar and 9.3GW of wind capacity in the first two months of 2025, with investment in power generation and grids also climbing. Policy stimulus and a focus on consumer sectors are expected to further support clean energy expansion amid ongoing macroeconomic recovery efforts.14