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China credit slump could hit U.S. stocks, Société Générale’s Albert Edwards warns
Seeking Alpha News (Tue, 25-Aug 3:46 PM ET)
The VanEck China Bond ETF seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the ChinaBond China High Quality Bond Index. The Index is comprised of fi xed-rate Renminbi ( RMB )-denominated bonds issued in the People s Republic of China by Chinese credit, governmental and quasi-governmental (e.g., policy banks) issuers. ChinaBond China High Quality Bond Index (CDHATRID) comprises Fixed-rate, Renminbi ( RMB )-denominated bonds issued in the People s Republic of China ( China or the PRC ) by Chinese credit, governmental or quasi-governmental (e.g., policy banks) issuers ( RMB Bonds ). Chinese credit issuers are generally considered to be issuers of central enterprise bonds, local enterprise bonds, medium-term notes, corporate bonds and railway debt. Credit RMB Bonds must have at least one AAA rating by one of the Chinese local rating agencies recognized by the relevant authorities in the PRC to be included in the Index.
Vaneck China Bond ETF trades on the ARCA stock market under the symbol CBON.
As of August 28, 2026, CBON stock price declined to $24.05 with 3,640 million shares trading.
CBON has a market cap of $26.45 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, CBON traded as high as $24.16 and as low as $21.25.
CBON has underperformed the market in the last year with a return of +9.5%, while the SPY ETF gained +20.1%. In the last 3 month period, CBON fell short of the market, returning +0.9%, while SPY returned +2.8%. However, in the most recent 2 weeks CBON has outperformed the stock market by returning +0.3%, while SPY returned -1.1%.
CBON support price is $23.98 and resistance is $24.19 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CBON shares will trade within this expected range on the day.
