Is the bull market over for China investors? China’s government has pumped the Chinese economy with stimulus for a positive recovery, but has the ride ended? Chinese markets continue to tumble as Forbes Reports:
Investors are wary of a tightening in bank lending, which helped propel Chinese shares more than 80 percent higher earlier in August. State media reports said bank lending dropped in August from July. The Chinese government also said last week that it will try to cut overcapacity and excessive investment in some sectors.
For a play on the Chinese economy bullish or bearish, take a look at two ETFs related to China’s top 25 companies is the iShares FTSE/Xinhua China 25 Index (FXI) and the inverse ETF which is UltraShort FTSE/Xinhua China25 Proshares (FXP).
Here is a look at the top 10 holdings within the ETFs below:
|TOP 10 HOLDINGS ( 62.21% OF TOTAL ASSETS)|
Disclosure: No Position