Options Wonderland

[3xBuBu]

China Stocks Worth Double Other BRICs Combined


#msg-64339969 <- Chinese Stock Movers
#msg-62736380 <- Chinese Stocks
#msg-22592917 <- Chinese Stock Movers

http://etfdb.com/etfdb-category/china-equities/
http://etfdb.com/etfdb-category/europe-equities/

China’s stocks are worth double those in Brazil, Russia and India combined. Just six months ago, the one-versus-three comparison was at parity.

Chinese equities have rallied amid speculation the central bank will take further steps to loosen monetary policy after cutting interest rates last month. Russia and Brazil are boosting borrowing costs as their currencies weaken, while the Reserve Bank of India left the benchmark repurchase rate unchanged for a fifth straight meeting this month.

“China is easing” while some other emerging markets are tightening, said Hao Hong, Hong Kong-based head of China research at Bocom International Holdings Co. “As long as the renminbi does not depreciate in a disorderly way, China will continue to outperform.”

http://www.bloomberg.com/news/2014-12-17/china-stocks-worth-double-other-brics-combined-chart-of-the-day.html













China FXI FWH FWJ FWY