FXI is an ETF that represents 25 “blue chip” Chinese companies.
I would be cautious about buying Chinese stocks just for the 2008 Olympics, however. Although this is a well known, big event, I don’t think it is reason alone to invest in Chinese equity markets. The Chinese stock market has gone up a lot over the last year or so, (over 100%), so I would exercise caution in the near-term.
If you want to make a long-term (eg 10 year plus) investment in the Chinese stock market, I think that makes sense as its a huge, dynamic economy that has room to grow for decades. However, I don’t think a short-term bet on the stock market going up just because of the the Beijing Olympics is worthwhile (there aren’t many “free lunches” in the market).
FXI is an ETF that represents 25 “blue chip” Chinese companies.
I would be cautious about buying Chinese stocks just for the 2008 Olympics, however. Although this is a well known, big event, I don’t think it is reason alone to invest in Chinese equity markets. The Chinese stock market has gone up a lot over the last year or so, (over 100%), so I would exercise caution in the near-term.
If you want to make a long-term (eg 10 year plus) investment in the Chinese stock market, I think that makes sense as its a huge, dynamic economy that has room to grow for decades. However, I don’t think a short-term bet on the stock market going up just because of the the Beijing Olympics is worthwhile (there aren’t many “free lunches” in the market).