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Some Bold Investors Are Still Nibbling at China ETFs
The MSCI China Index slumped almost 5% last week, extending its July loss to 13.55% as Beijing continues its regulatory crackdown on internet companies. In recent weeks, hundred of billions of dollars of market capitalization have evaporated at Chinese internet companies, such as Alibaba, Didi, Meituan, and Tencent, but some investors are using the calamity to embrace related exchange traded funds and that devotion could benefit products like the Invesco Golden Dragon China ETF (PGJ) .
GeneAka