PDD - Spotting Capitulation In 'Uninvestable' China More Momentum Needed For CXSE

2024-02-12 00:21:05 ET

Summary

• Major ETFs tracking mainland shares in China have experienced significant declines due to pressure from the country's authoritative regime.
• WisdomTree China ex-State-Owned Enterprises Fund offers exposure to Chinese companies excluding state-owned enterprises, aiming to outperform other broad China funds.
• Despite poor sentiment and the perception of China as "uninvestable," signs of a capitulation bottom and attractive valuations suggest a potential turnaround for China stocks.

China has been a widow-maker for the last three years. Major ETFs tracking mainland shares are down 50% or more as the country's authoritative regime, led by President Xi Jinping, continues to pressure one industry after another....

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