- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- United States of America
- IPO Date
- Dec 1, 2009
- Business
- Global X MSCI China Industrials ETF (CHII) is an exchange-traded fund that provides targeted exposure to large- and mid-capitalization companies within the industrials sector of the MSCI China Index, as classified under the Global Industry Classification Standard (GICS); the fund employs a full replication strategy to track the performance of the MSCI China Industrials 10/50 Index, incorporating eligible China A, B, H shares, Red chips, P chips, and foreign listings across subsectors such as electrical products, engineering and construction, air freight and couriers, trucks and construction machinery, marine shipping, and airlines. Prior to December 6, 2018, the fund tracked the Solactive China Industrials Total Return Index. It offers investors a single-trade vehicle for expressing a sector-specific view on China's industrials landscape, the second-largest economy by GDP, with semi-annual distributions, a total expense ratio of 0.65%, and historically low assets under management recently reported at approximately $4.23 million.
The ETF was launched on November 30, 2009, and is managed by Global X Management Company LLC, a subsidiary of Mirae Asset Global Investments acquired in 2018, with headquarters in New York, New York. Global X operates globally, offering ETFs listed on exchanges including NYSE Arca, with a focus on thematic growth, income, international access, core equity, and commodities strategies across regions such as the United States, Hong Kong, Canada, Europe, and Asia. CHII targets institutional and retail investors seeking emerging market equity exposure to China's industrial segments, including transportation, machinery, and fabrication firms.
In a major strategic shift, Global X announced the liquidation of CHII alongside 18 other underperforming ETFs in January 2024, citing low assets representing less than 1% of the firm's total AUM; trading ceased on February 16, 2024, with final liquidation around February 23, 2024, reflecting portfolio pruning to focus on higher-growth products amid challenging market conditions for China sector funds. This move aligns with broader firm expansions, including Mirae Asset's growth of Global X's U.S. AUM to over $73 billion by October 2025 and new product developments in covered call and fixed income ETFs. No subsequent relaunches or reorganizations of CHII have been reported as of late 2025.