Seeking Alpha

China moves to allow domestic funds to introduce yuan-denominated equity ETFs in Hong Kong,...

China moves to allow domestic funds to introduce yuan-denominated equity ETFs in Hong Kong, affording offshore investors the opportunity to use yuan to invest in mainland markets. It's not the first move this year suggesting Beijing's interest in funneling investor dollars towards the country's stock markets.
Comments (3)
  • JohnLocke
    , contributor
    Comments (381) | Send Message
     
    Smart move for China, but a dumb move for any investor that plays this game... If you think the US markets are safe and secure can you imagine what a communist controlled ETF is gonna be like...LOL
    19 Apr 2012, 06:22 PM Reply Like
  • untrusting investor
    , contributor
    Comments (9920) | Send Message
     
    JL,
    Does anyone think the US markets are safe and secure? Meanwhile HFT and computerized trading continues to rake off tens of billions annually and dominate 70+% of all trading volume.
    20 Apr 2012, 12:04 AM Reply Like
  • Angel Martin
    , contributor
    Comments (1282) | Send Message
     
    i think the chicoms are getting worried. However, given the typical timeline between a real estate bubble peak and a stock market crash, they probably have 1.5-2.5 years to go.
    19 Apr 2012, 10:14 PM Reply Like
DJIA (DIA) S&P 500 (SPY)