A 3% gain in property developers helps halt a slide in Shanghai, +0.9% overnight, but -4.3% for the month. The Shanghai Composite is off 10% YTD, on track for its 3rd consecutive down year. The only positive group is the Property Index, up 11%. China Real Estate ETF: TAO +58.6%. Hong Kong ETF: EWH +23.9% YTD. There are areas of exposure to China doing very well.
A 3% gain in property developers helps halt a slide in Shanghai, +0.9% overnight, but -4.3% for...
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