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Hong Kong ETF Offers Big-Cap Blue Chips, No Leaders
Posted on March 09, 2012 at 18:15 PM EST
Hong Kong stands today as professional money managers' preferred entry to business in China. The Hong Kong Stock Exchange demands higher standards for financial reporting compared with mainland China's bourses. And access to Hong Kong listings is far easier than for Shanghai or Shenzhen. Year to date, iShares MSCI Hong Kong (EWH) exchange traded fund holds on to a 16% gain. That puts it in sixth place among the 18 markets tracked on IBD's Daily
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