From Zacks Investment Research: 2024-06-07 07:34:34

Investing in Chinese stocks has been tough due to government policies, COVID-19 measures, and real estate crisis. iShares MCHI and FXI fell by 21.2% and 34%. IMF raised China’s GDP growth forecast to 5% in 2024. Export growth exceeded expectations in May. China’s central bank maintained key interest rates. ETFs trade at lower valuations than S&P 500. Chinese companies are using equity markets for fund-raising. Tech giants like Alibaba and Tencent are engaging in buybacks.



Read more at Zacks Investment Research: Time for China ETFs? – June 7, 2024