Few, if any, economies and equity markets outside of the United States command attention on par with China. So it is noteworthy that U.S.-listed China exchange-traded funds have recently been rebounding.
For example, the iShares FTSE/Xinhua China 25 Index (ETF) (NYSE: FXI), the largest China ETF trading in New York, is up 7.6 percent over the past month.
Underscoring the intensity of the recent decline endured by Chinese stocks, FXI is still down 10 percent over the past 90 days. For most of this year, the only large emerging market that has, at the very best, looked not so bad by comparison is India, not China. Still, China's efforts to drive a more consumption-focused economy could benefit select ETFs trading in the United States.
China Exposed ETF
The WisdomTree China ex-State-Owned Enterprises Fund (WisdomTree Trust (NASDAQ: CXSE)) could prove to be an improved way of accessing China's new-look economy.
The ...
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