China ETF Soars 5% After Markets Reopen
October 10, 2011 at 16:09 PM EDT
A U.S.-listed exchange traded fund that invests in Chinese stocks jumped more than 5% on Monday as China’s financial markets reopened after closing last week for the National Day holiday. The iShares FTSE/Xinhua China 25 Index Fund (NYSEArca: FXI) gained 5.3% on Monday while the iShares MSCI...