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CHIR - How We Are Hedging China's Coronavirus Crisis
Global X Funds MSCI China Real Estate
The most interesting thing happening at the moment is the Chinese coronavirus that has sent the Chinese markets down 5% already this week and our 5% Rule™ says a weak bounce is 1% and a strong bounce would be 2% - so we'll see if the weak bounce fails tonight and, if so, we may be heading lower.
Two more Chinese cities were placed on lockdown as over 1,000 people are now infected, up from 300 on Tuesday and 500 yesterday. At Wuhan’s Hankou rail station, thousands of travelers hustled to catch trains, many booked