China, the world's second-largest economy, saw $1 trillion in capital outflows, a data point that will be widely cited as one of the reasons for the tumble in Chinese stocks during Tuesday's Asian session. The Shanghai Composite, the benchmark mainland equity gauge, bled 6.4 percent with the CSI 300 Index losing 6 percent.
The CSI 300 Index is the benchmark tracked by some New York-listed exchange traded funds, including the Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSE: CHAD). CHAD, as its name implies, attempts to deliver the daily inverse performance of the CSI Index on a percent-for-percent basis.
"China's gross domestic product growth is seen slowing further to 6.5 percent ...
/www.benzinga.com/trading-ideas/long-ideas/16/01/6169033/traders-are-missing-out-on-the-right-china-etfs alt=Traders Are Missing Out On The Right China ETFs>Full story available on Benzinga.com
More...