Risks include geopolitical risk in China.
Broad exposure to China risky but carries opportunity.
Believes a good way to play a China re-opening.
Modi is now allowing Apple to do business there. India's had problems with bureaucracy, and if he makes it easier for foreign companies to come in and raise capital, it could be great. It depends on how the trade talks will go in terms of China. China has many geopolitical issues.
He got out of emerging markets early this year at a modest loss. The currency issue has knocked down China ETFs. China doesn't play by the rules, either. Some may call it corruption. Cut your losses and sell.
He has been underweight on China for the last year or so. It has underperformed dramatically over the last 6 months. It is starting to get more interesting to him now. He gets it through a US EFF. China is going to have a challenge holding a 7% growth rate. It should slow to 4-5% over the next couple of years. He thinks ZCH-T will fall another 10%.
BMO CHINA EQUITY INDEX ETF is a Canadian stock, trading under the symbol ZCH-T on the Toronto Stock Exchange (ZCH-CT). It is usually referred to as TSX:ZCH or ZCH-T
In the last year, 1 stock analyst published opinions about ZCH-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for BMO CHINA EQUITY INDEX ETF.
BMO CHINA EQUITY INDEX ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO CHINA EQUITY INDEX ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered BMO CHINA EQUITY INDEX ETF In the last year. It is a trending stock that is worth watching.
On 2023-09-29, BMO CHINA EQUITY INDEX ETF (ZCH-T) stock closed at a price of $14.19.
He bought it at the bottom. Per his normal strategy, he will sell at the top of its trading range. China was feared/disliked as an investment, which became a traded trade, and that's when he bought. Inevitably, sentiment reverses.