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FXI tracks an index of the 50 largest and most liquid Chinese stocks traded on the Hong Kong Stock Exchange.
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Should You Chase the Chinese Stock Rally?
03/01/2019 9:29 am EST Focus: GLOBAL U.S.-China trade talks have been at the forefront of investors’ minds as equities marched higher on speculation that the two countries are getting closer to a truce. The Chinese ETF (FXI) has fared much better than SPDR S&P 500 ETF (SPY) since Oct. 18, 2018; outgaining it 16.8% to 1.7% as of this writing. Even though FXI is still lagging SPY by 11% on a trailing year basis, is the recent relative outperformance a reason to buy Chinese equities instead? Especially sinc...