FYI: January, 2018: That’s when Chinese stocks made their last major peak, topping out at 3,559 on the Shanghai Composite Index. The China-U.S. trade war was about to begin, and so was a precipitous slide in the Chinese stock market.
From its peak in January, the Shanghai Composite plunged more than 30% over the next 12 months, settling at a four-year low by the end of 2018.
Oh, how fast things can change. A little more than two months into the new year, and China is the hottest market in the world.
Regards,
Ted
https://www.etf.com/sections/features-and-news/these-red-hot-china-etfs-are-surging
