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See exactly how OBOR's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for OBOR and 80,000+ other tickers.
This exchange-traded fund allocates at least 80% of its total assets, including any capital leveraged for investment, to securities that are either direct constituents of its benchmark index or possess similar economic characteristics. The index itself aims to gauge the stock market performance of publicly traded corporations that derive a significant portion of their revenue from projects connected to the Chinese government's "One Belt, One Road" initiative, with this revenue exposure being determined by the index's administrator.
Shares of KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR - Get Free Report) were up 0.5% during mid-day trading on Wednesday. The company traded as high as $26.65 and last traded at $26.53. Approximately 9,085 shares traded hands during mid-day trading, an increase of 482% from the average daily volume of 1,561
The People's Bank of China (PBOC) appears on the precipice of making another cut to the “reserve requirement ratio” (RRR). Such a cut may boost the mainland economy, allowing banks to loan a bit more without keeping as much in reserve.
While China's economy continues to face some big picture headwinds, the country's infrastructure spending remains a big player in the global economy. Regionally, in particular, its government's One Belt One Road initiative looks to connect China overland to key areas including South and Southeast Asia, the Middle East, and Eastern Europe.
Why the infrastructure sector has shown resiliency even during times of market volatility. The case for alternative investments to help diversify your portfolio.
China's ambitious infrastructure plan can be packaged in ETF form with the KraneShares MSCI One Belt One Road Index ETF (OBOR). “China's Belt and Road Initiative (BRI), sometimes referred to as the New Silk Road, is one of the most ambitious infrastructure projects ever conceived,” a Council on Foreign Relations article explained.