Some well-known China exchange traded funds surged Thursday after the People’s Bank of China followed the Federal Reserve in raising borrowing costs.

In fact, 260 ETFs hit 52-week highs yesterday, 10 of which were China funds and that does not include a broad swath of diversified emerging markets ETFs with significant exposure to the largest developing economy.

Investors interested in accessing China’s markets have a number of options available. For instance, the iShares China Large-Cap ETF (NYSEArca: FXI) and SPDR S&P China ETF (NYSEArca: GXC) track Chinese companies listed on the Hong Kong stock exchange.

Investors can access Chinese markets directly through options like the VanEck Vectors ChinaAMC SME-ChiNext ETF (NYSEArca: CNXT), VanEck Vectors ChinaAMC CSI 300 ETF (NYSEArca: PEK), iShares MSCI China A ETF (BATS: CNYA) and db X-trackers Harvest CSI 300 China A-Shares Fund (NYSEArca: ASHR).

“The PBoC raised the interest rates it charges commercial banks in the money market on the seven-day, 14-day and 28-day loans–also known as reverse repurchase agreements or repos–each by 0.1 percentage point with the 7-day rate at 2.45% from 2.35%. The PBoC raised the interest rate by 0.1 percentage point on a form of special loans to 22 financial institutions known as a medium-term lending facility,” reports Shen Hong for Barron’s.

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