If you ask me which stock I'd buy today to has the highest possibility growth in the next 6 months, I'd definitely tell you to consider FXI. It is an index fund designed to represent the performance of the mainland China equity market that is available to international investors. The price YTD (Yield to date) increase is just SPECULAR!40% in 9 months. A lot of people say China stocks has gone up too much, and bubble soon. But my feeling is that the party is still far from over. With strong GDP growth China experiencing, and the bullish environment in the overall economy, China stocks is continuing to grow. 529pm prediction: this growth will continue until the summer next year, which china will hold the Olympic game. After Olympic game 's over, FXI may have major price correction. So, my strategy now? Jump in and enjoy the ride!
Monday, September 17, 2007
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6 comments:
do I just click all the google ads on the right to help you make money?
Good, thanks for the information.
The chinese stock is real hot these days.
Another China ETF to consider is the new GXC. If you look at the chart, they pretty much have the same return. However, GXC has lower expense ratio when compared to FXI (0.59% and 0.74% respectively)
Cool info. GXC jump ~5% in today's trading. Good pick! Plus, it's cheaper than FXI. Where can you find the ETF 's expense info?
Morningstar
another one I found is PGJ. It's about 30 dollar and very well diversified for China market
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