tingwodehua

Morgan Stanley's China A-Share Fund: The First of its Kind

it should be noted that CAF is not an ETF. investors can't redeem shares in CAF for the underlying assets or vice versa. that's why it trades at a large discount to NAV, which doesn't happen for ETFs.

Talk of China 'Overheating' Continues to Be Wrong

the argument about QFII as stated in the article is simply wrong, because either the author or prof. pfeil confused the QFII and QDII. it is true that the QFII quota was raised from $10bn to $30bn, but this means that international investors can now pump an additional $20bn INTO the domestic chinese market. so more forex flows INTO china, and not the opposite as claimed.