Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Golden Dragon China ETF PGJ is focused on the US-listed Chinese companies that is being affected by several issues:
1. Potential US delisting. The SEC has now started to list companies that face high delisting risks. This issue has been simmering for a while but is getting hot again.
2. Russia-Ukraine war has sensitized investors to risks in Chinese stocks if China-Taiwan issue flares up, or Russia relies/leans on China to escape some Western sanctions.
3. Covid-19 is spreading again in China and some cities have reimposed partial restrictions. The old Chinese policy of zero-tolerance for Covid-19 is also not working.
These issue have been mentioned within several threads, but this thread is started to collect related information in one place. There are several China funds, but PGJ may uniquely capture multiple China risks in one fund. It peaked in mid-February 2021 when many US speculative stocks also peaked.