FYI: Options traders have been overwhelmingly bullish on China in recent days. But it’s an especially tricky time to wager on the country’s shares.
One of the biggest exchange-traded funds tracking Chinese companies has started to rebound after a tumultuous year. The $5.6 billion iShares China Large-Cap ETF (ticker: FXI) is up about 4% in November after a rocky few months.
The fund, which closed at $41.00 on Thursday, is still down 11.2% in 2018. It has swung based on trade discussions between U.S. and Chinese leaders, which have rattled stock markets in recent weeks. The latest round of U.S. tariffs on $200 billion in Chinese products went into effect in late September, and trade remains a focus point for investors.
Regards,
Ted
https://www.barrons.com/articles/turning-bullish-on-china-again-1541768400?mod=djem_b_Weekly Feed for Barrons Magazine
