From Yahoo Finance: 2024-05-08 14:03:55

Chinese stocks surged as investors bet on a strong economic turnaround, reflecting a 19% rally in the SSE Composite Index from 2024 lows. Factors contributing to the revival include China’s economic recovery, with a 5.3% first-quarter GDP growth. However, analysts caution against overestimating the rebound based on disappointing earnings amid global uncertainties.

Investors looking to capitalize on China’s economic recovery can explore exchange-traded funds like KraneShares CSI China Internet ETF (KWEB), iShares MSCI China ETF (MCHI), iShares China Large-Cap ETF (FXI), SPDR S&P China ETF (GXC), iShares MSCI China A ETF (CNYA), Invesco Golden Dragon China ETF (PGJ), and Franklin FTSE China ETF (FLCH). These ETFs offer exposure to various sectors of China’s economy with different levels of year-to-date returns and expenses.



Read more at Yahoo Finance: Chinese Stocks Surge As Investors Bet On Economic Turnaround: 7 ETFs To Watch