China surges after fast export data


Shanghai surges 3.4% after a fast export report (grew 7.2% in August vs. 5.5% expected) cooled growth concerns for the moment.

In an FT essay today, Premier Li Keqiang says the economy will maintain growth near the lower limit of 7.5% (apparently Beijing can make that number happen no matter what the economy is doing).

FXI +1.3% premarket.

Other China ETFs: GXC, PGJ, YAO, FCHI, PEK, CAF, YXI, XPP, FXP, MCHI, YINN, YANG, TCHI, CHXF, KFYPDSUM, CHLC, EWH.

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Comments (1)
  • Philip Marlowe
    , contributor
    Comments (1579) | Send Message
     
    My favourite small cap bet on Chinese exports -- CAP. You can get it pretty cheap nowadays.
    9 Sep 2013, 12:37 PM Reply Like
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