Global X China Financials

CHIX-N

NYSEARCA:CHIX

15.58
0.13 (0.84%)

Analysis and Opinions about CHIX-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
November 18, 2014

(A Top Pick Nov 27/13. Down 5.64%.) Feels this has established a pretty good bottom at around $12.50. Chart shows a good support. This has 3 really large Chinese banks and they have been given approval by the federal reserve in the US, the open branches of their bank in the US. You are going to see the time when Chinese banks are buying US banks.

(A Top Pick Nov 27/13. Down 5.64%.) Feels this has established a pretty good bottom at around $12.50. Chart shows a good support. This has 3 really large Chinese banks and they have been given approval by the federal reserve in the US, the open branches of their bank in the US. You are going to see the time when Chinese banks are buying US banks.

Michael Bowman
Portfolio Manager, Wickham Investment Management
Price
$13.300
Owned
Yes
TOP PICK
TOP PICK
November 27, 2013

This is tied not just to financials in China but also because Beijing might make a play for Wall Street. The Federal Reserve has now allowed 3 Chinese banks to come into the US and set up shop. These 3 are positioned 1, 2, and 4 in this ETF. There are about 22 bank positions in this one. The biggest one is Industrial Bank of China, which has $2.7 trillion of US assets.

This is tied not just to financials in China but also because Beijing might make a play for Wall Street. The Federal Reserve has now allowed 3 Chinese banks to come into the US and set up shop. These 3 are positioned 1, 2, and 4 in this ETF. There are about 22 bank positions in this one. The biggest one is Industrial Bank of China, which has $2.7 trillion of US assets.

Michael Bowman
Portfolio Manager, Wickham Investment Management
Price
$14.165
Owned
No
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