Direxion Daily China (YINN)

[Bobwins]

You may be right about a pullback first but think about China's position in the world today.

They have been driving the world economy for several years now. It's only a matter of time before they claim title to the world's largest economy. After TWO decades of double digit growth, we are disappointed when they report a 6% growth target when all the developed world is struggling to hit 2%.

They are WAY underrepresented in the world index funds. That is being fixed slowly but billions/trillions of dollars are going to flow into Chinese stocks over the next decade to rebalance the various world index funds.

Most US investors regard Chinese stocks as speculative and some have suspect accounting practices but the cream of their stocks are going to have the largest market caps in the world soon. How can it not turn out that way. Their HUGE companies are still growing profitably at 50 to 100% A YEAR!!!!

Their version of the FANG stocks is 10cent, Alibaba, JD.com. Check out their growth rates vs our FANG stocks. It's unbelievable. You don't have to dive into speculative small cap Chinese stocks. Their biggest and best are still growing like gangbusters.