Bearish Traders Target a Big China ETF
July 16, 2018 at 10:46 AM EDT
Emerging markets stocks and the corresponding ETFs are struggling and China is a big reason why. The iShares China Large-Cap ETF (NYSEArca: FXI), one of the largest China ETFs trading in New York, is down more than 6% year-to-date. Meanwhile, the yuan currency continued to weaken against the U.S....