A China ETF Wins Without Banks
August 19, 2014 at 11:30 AM EDT
A big part of the reason Chinese large-caps and the exchange traded funds that hold those stocks have been performing so well in recent months is the resurgence of Chinese banks. Just look at the iShares China Large-Cap ETF (NYSEArca: FXI). The largest China ETF devotes a whopping 54.3% of its...