Investors looking to access stocks listed in Shanghai and Shenzhen, also known as A-shares, can consider ETFs such as 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).
PEK tracks the CSI 300 Index, which includes the 300 largest and most liquid stocks in the China A-shares market. CNXT includes the 100 largest China A-shares stocks listed on the Small and Medium Enterprise Board and the ChiNext Board of the Shenzhen Stock Exchange. CNYA tracks an MSCI index composed of Chinese equities listed on the Shanghai and Shenzhen Stock Exchanges. ASHR also tracks A-shares taken from the CSI 300 Index.
“The longer the silent uptrend, the higher the upside potential, as the channel is moving higher. Sixth, the dotted lines on the chart show why 3500 points is in a way a breakout point, once above 3500 things are very bullish. Last but not least, the risk reward ratio is high at this point, given the position of the market (lower area with the trending channel),” according to ETF Daily News.
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