“News of the ECB rate rise and Greece stepping back from the referendum lifted sentiment today. But I haven’t seen that many fresh long positions in China. Looks like the market is up mostly on short-covering, which makes sense since the weekend is here,” said a Shanghai-based trader in a Reuters report.
Other ETFs tracking China include:
- PowerShares Golden Dragon Halter China USX Portfolio (NYSEArca: PGJ)
- SPDR S&P China ETF (NYSEArca: GXC)
iShares FTSE China 25 Index Fund
Tisha Guerrero contributed to this article.