China ETF Picks Up Momentum as Economy Recovers


Source: etftrends.com etftrends.com

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By Max Chen on July 1, 2020 China’s country-specific exchange traded funds are gaining momentum as supportive government policies and reopening of some overseas markets help the emerging economy picks up momentum. The Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEArca: ASHR) , which tracks the CSI 300 Index or the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen Stock Exchange, increased 9.1% over the past month, compared to the 1.8% gain for the S&P 500 Index. While the world’s second-largest economy is still far from a full recovery from the coronavirus pandemic hit, economist remain...