“Sanguine” and “trouble-free” are not terms that can be used to accurately describe the current state of affairs in Chinese equity markets, but there is no denying China exchange-traded funds have recently been perking up.
Over the past month, the iShares FTSE/Xinhua China 25 Index (ETF) (NYSE: FXI), the largest China ETF trading in New York, has climbed 6.6 percent, and those gains have recently been accelerating.
The Largest China ETF Trading In New York
Since September 25, FXI has surged nearly 11 percent. With FXI being home to $5.87 billion in assets under management and also being the most heavily traded U.S.-listed China ETF, traders are acknowledging the fund's near-term improvement.
During the third quarter, investors pulled over $639 million from FXI, but the ETF's recently bullish price action is leading some options buyers to the fund.
“This morning in our ETF/Index Options ...
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