Charting the Course for a Big China ETF | Page 2 of 2 | ETF Trends

Late last year, Chinese markets plunged on reports that the China Securities and Exchange Commission launched investigations into firms on short selling and speculation, which contributed to summer sell-off. For instance, Citic was cited for misreporting the size of its derivatives and senior executives were accused of insider trading.

“Unless the Hang Seng Index can rally back above this resistance line, the chinese stock market may continue to underperform. And because of past “common” turning points, it makes sense to watch the S&P 500 to see if it can rally back above its highs,” adds See It Market.

iShares China Large-Cap ETF